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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...

Increased rate of return on Naya Pakistan Certificates

The government of Pakistan has increased the rate of return on Naya Pakistan Certificates (NPCs). Now Overseas Pakistanis holding Roshan Digital Accounts can avail even...

State Bank of Pakistan launches Agriculture Finance Literacy Program

KARACHI, Pakistan: The SBP Banking Services Corporation (SBP BSC) has launched the Agriculture Finance Literacy Program (AFLP) through a series of five workshops conducted...

State Bank suspends authorization of Royal International Exchange Company

KARACHI, Pakistan: The State Bank of Pakistan (SBP) has suspended with immediate effect the authorization of an Exchange Company. In a statement on Saturday, the...

Petrol Price in Pakistan Today – 16 September 2023

New Prices of Petroleum Products in Pakistan for September 16-30, 2023 Petrol: Rs 331.38 per litre (increased by Rs 26.02) High-Speed Diesel: Rs 329.18...

Pakistan’s foreign reserves plunge to $13.08 billion

Total reserves: $13.1 billion, down by $48 million SBP reserves: $7.6 billion, down by $140 million Commercial Banks reserves: $5.4 billion, up by...

State Bank maintains policy rate at 22%

KARACHI, Pakistan: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Thursday decided to keep the policy rate unchanged at...

Pakistan-Afghan Transit Trade and its profound and negative effects on Pakistan

Monitoring Desk: Afghanistan transit trade is one of the leading causes of the black economy in Pakistan, reports Pakistani media. According to media reports, the...

Overseas Workers’ remittances increased by 3% in August 2023

ISLAMABAD, Pakistan: The remittances sent by the Overseas Workers in August 2023 stood at US$2.1 billion, witnessing an increase of 3.1 percent compared to...

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