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Remittances increased by 5.3% MoM to $2.2 billion in September 2023

ISLAMABAD, Pakistan: The Overseas Pakistanis sent remittances amounting to US$ 2.2 billion in September 2023, showing an increase of 5.3 percent compared to the...

Bank deposits are perfectly safe, State Bank of Pakistan clarifies

KARACHI, Pakistan: The State Bank of Pakistan (SBP) has said that certain sections of the media, on the basis of a statement given by...

Pakistan’s textile exports witness 12% decrease in September 2023

ISLAMABAD, Pakistan: Pakistan’s textile exports have witnessed 12 percent decrease in September 2023 as compared to the corresponding month last year.  Sharing the data...

World Bank sees Pakistan’s growth rate at 1.7% and inflation at 26.5%

By Shahbaz Rana ISLAMABAD, Pakistan: The World Bank has projected that Pakistan would miss one of the core conditions of the International Monetary Fund (IMF)...

Petrol Price in Pakistan Today – 1 October 2023

New Prices of Petroleum Products in Pakistan for October 01-15, 2023 Petrol: Rs 323.38 per litre (decreased by Rs 8.00) High-Speed Diesel: Rs 318.18...

Pakistan’s foreign reserves fall by $25 million

Total reserves: $13.2 billion, down by $25 million SBP reserves: $7.6 billion, down by $59 million Commercial Banks reserves: $5.5 billion, up by...

SECP issues standardized constitutive documents for registration of Private Funds

ISLAMABAD, Pakistan: The Securities and Exchange Commission of Pakistan (ECP) has issued standardized formats of documents along with step-by-step guidance for the registration of...

State Bank suspends authorization of Al-Sahara Exchange Company & Premier Exchange Company

KARACHI, Pakistan: The State Bank of Pakistan (SBP) has suspended the authorization of two Exchange Companies with immediate effect. The suspension of Al-Sahara Exchange Company...

SECP warns public against investing in ISMMART Group

ISLAMABAD, Pakistan: The Securities and Exchange Commission of Pakistan (SECP) has issued a warning advising the general public against investing in fraudulent investment schemes...

Pakistan’s foreign reserves rise by $107 million

Total reserves: $13.2 billion, up by $107 million SBP reserves: $7.7 billion, up by $56 million Commercial Banks reserves: $5.5 billion, up by...

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