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State Bank maintains policy rate at 22%
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KARACHI, Pakistan: The State Bank of Pakistan’s Monetary Policy Committee (MPC) has decided to maintain the policy rate at 22 percent.In its meeting held...
Pakistan’s foreign reserves reach $13.34 billion
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Total reserves: $13.3 billion, up by $196.3 million
SBP reserves: $8.3 billion, up $243.1 million
Commercial Banks reserves: $5.1 billion, down by $46.8...
Counterfeit cigarette manufacturing factory sealed in Jhangi Syedan
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ISLAMABAD, Pakistan: A team of Federal Board of Revenue (FBR) raided and sealed a counterfeit cigarette manufacturing factory in Jhangi Syedan area of Rawalpindi.The...
Nantong HiTide Biotechnology to establish its lab in Pakistan & transfer technology
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ISLAMABAD, Pakistan: The Secretary Board of Investment (BOI) Dr. Muhammad Sohail Rajput hosted a distinguished delegation led by the President of Nantong HiTide Biotechnology...
Elevate now officially live in Pakistan to empower freelancers & remote workers
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Elevate, a Fintech venture backed by Y Combinator that has raised over US$ 6 million to date and was initially launched in Egypt, has...
SECP, ADB to host workshop on “Women in Finance Thought Leaders”
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ISLAMABAD, Pakistan: The Securities and Exchange Commission of Pakistan (SECP) and the Asian Development Bank (ADB) are partnering to host a "Women in Finance...
Pakistan’s foreign reserves down by $112 million
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Total reserves: $13.1 billion, down by $111.5 million
SBP reserves: $8.0 billion, down $127.4 million
Commercial Banks reserves: $5.1 billion, up by $15.9...
ICT exports increased by 22.67% in December 2023
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ISLAMABAD, Pakistan: The Information and Communication Technology (ICT) export remittances have increased by US$ 64 million (8.99%) to US$ 1.455 billion during July to...
Pakistan receives $705.6 million from IMF; UAE rolls over $2 billion loan
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KARACHI, Pakistan: The State Bank of Pakistan has received an amount of 528 million Special Drawing Rights (SDRs) (equivalent to US$ 705.6 million) from...
Petrol Price in Pakistan Today – 16 January 2024
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New Prices of Petroleum Products in Pakistan for January 16-31, 2024Petrol: Rs 259.34 per litre (decrease by Rs 8)
High-Speed Diesel: Rs 276.21...
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