Inflation comparison: Pakistan’s 27.4% vs. world’s highest rates
Even if it is troubling, Pakistan’s inflation rate is not a singular cause for concern
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Money
Crude oil hits 7-month high on worries over supply shortages
Saudi Arabia likely to extend its voluntary 1 million barrel per day oil production cut into October
Power consumers got inflated bills owing to NEPRA, Power Division ‘negligence’
Tariff was supposed to be raised from July 1; both entities delayed raising basic, multi-air tariff; notification issued on July 26
FINANCE
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Pakistan's dollar reserves increase by $57 million
Boost in foreign exchange reserves comes as a positive sign for the country's economy
IMF set to approve loan program for Pakistan on Sept 25
SBP governor expresses optimism regarding approval of loan program
Gold prices in Pakistan fall after climbing to historic high
Silver prices remain stable at Rs2,900
Bank of America boosts US minimum hourly wage to $24
Move brings bank closer to its plan to reach $25 minimum hourly wage by 2025, as it aims to attract and retain talent
Gold prices in Pakistan climb to another record high
Silver prices remain stable at Rs2,900
AUTO
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