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A logo of the State Bank of Pakistan (SBP) is pictured on a reception desk at the head office in Karachi, Pakistan July 16, 2019. — Reuters/File Market talk suggests policy rate will remain unchanged at 15%. SBP had increased policy rate by 800bps since Sept 2021. Today’s MPC meeting is first after appointment of new SBP governor. KARACHI: The State Bank of Pakistan (SBP) is expected to maintain the benchmark interest rate at 15% in its monetary policy statement (MPS) being announced today (Monday). The central bank is highly likely to maintain the interest rate -- it raised the rate by 125 basis points in its last meeting in July to 15%, the highest since November 2008 -- despite the fact that inflation has remained elevated. So the status quo will continue to support economic recovery in line with the coalition government’s policies. Financial pundits and market players have developed consensus that the central bank will maintain the rate at the current level of 15% for t

Men wearing protective face masks walk amid the rush of people outside a market during an outbreak of the coronavirus disease (COVID-19) continues, in Karachi, Pakistan June 8, 2020. — Reuters/File Pakistan reports 421 infections when 16,648 tests were conducted during the last 24 hours.  No death was reported from the virus in the county during the same period. Pakistan's COVID-19 positivity ratio stands at 2.53%.  KARACHI: Pakistan's coronavirus positivity rate dropped to 2.53% as the country reported 421 fresh cases of the pathogen during the past 24 hours, data from the National Institute of Health (NIH) showed Tuesday morning. According to the latest statistics issued by the NIH, the country reported 421 infections when 16,648 tests were conducted overnight, taking the country's total coronavirus case count to 1,560,250. In addition to this, no death was reported from the virus in the county during the same period. According to NIH stats, 159 COVID-19 pati

A file photo of people wearing masks stand in queue to receive COVID-19 shots. Photo: Geo.tv/ file  Pakistan reports 806 COVID-19 cases. Positivity rate shoots up to 3.85%. NIH advises Pakistanis to mask up during Muharram gatherings. ISLAMABAD: Pakistan has reported 806 fresh COVID-19 cases and nine coronavirus-related deaths in the last 24 hours, the National Institute of Health's (NIH) data showed Wednesday morning. During the last 24 hours, a total of 20,949 COVID-19 diagnostic tests were conducted, of which 806 samples came back positive, the institution's data showed. Following the detection of new cases, the COVID-19 positivity ratio stood at 3.85%, moving up from 2.84%, which was recorded a day earlier. According to NIH's data, 160 COVID-19 patients are being treated in  intensive-care units (ICU) across the country at different medical facilities. Pakistanis advised to mask up With Pakistan logging hundreds of COVID-19 cases every day, the NIH has a

Gold Rate in Kuwait (Credits: File) Gold Rate in Kuwait recorded an increase of KWD 567.580  per ounce on 25 June 2022. The rate of 24 karat/gram remains the same at KWD 18.250 from the previous day’s KWD 18.250 . The gold rate (22 karat/gram) Increased by KWD 17.700 from the previous day’s KWD 17.550. Gold Rate in Kuwait today Check the updated  gold rate in Kuwait on, 25 June 2022. Gold Unit Kuwaiti Dinar Gram K24 18.250 KWD Yesterday: 18.250 Gram K22 17.700 KWD Yesterday: 17.550 Gram K21 15.940 KWD Yesterday: 15.930 Gram K18 13.660 KWD Yesterday: 13.660 1 Gold Ounce 567.580 KWD Gold prices  change almost every day around the world, including in Kuwait. Get the latest gold price in KWD upda

Gold Rate in UAE (Crdits: File) Gold rate in UAE (United Arab Emirates) recorded a decrease of AED 6,690.41 per ounce on 25 June 2022. The rate of 24 karat/gram was depreciated by AED 220.75 from the previous day’s AED 223.25. The gold rate (22 karat/gram) decreased by AED 207.25 from the previous day’s AED 209.75. Gold Rate in UAE Today Find the updated  gold rate in UAE on, 25 June 2022. Date Ounce 24 Carat 22 Carat 21 Carat 18 Carat June 25 6,690.41 220.75 207.25 197.75 169.50 Gold prices change almost every day around the world, including in the UAE. Get the latest gold price in UAE updates, as well as rates for 18 karats, 20 karats, 21 karats, and 22 karat gold. These rates are given in 1 tola, 1 gramme, and