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Pakistan foreign exchange reserves register sudden growth

News Desk
2019-07-18

KARACHI: Total liquid foreign reserves of the country stand at dollars15.249 billion, said the State Bank of Pakistan (SBP). SBP’s...

Is FBR Chairman Shabbar Zaidi being removed from his post?

News Desk
2019-07-18

Special Assistant to Prime Minister Naeemul Haque on Thursday rebuffed therumours regarding the removal of Federal Board of Revenue (FBR)...

Has Pakistan shared important CPEC data with IMF?

News Desk
2019-07-18

ISLAMABAD: The Senate Standing Committee on China Pakistan EconomicCorridor (CPEC) was informed on Thursday that the government had not sharedany...

SBP declares three Pakistani banks as Systemically Important Banks

News Desk
2019-07-18

ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday announced thedesignation of Domestic Systemically Important Banks (D-SIBs) for the year2019...

Pakistan CAA suffered loss of Rs 8.5 billion owing to air space closure

News Desk
2019-07-18

KARACHI – Federal Minister for Aviation Ghulam Sarwar Khan Thursday saidPakistan Civil Aviation Authority (CAA) has suffered a loss of...

Chinese Telecom giant to establish phone manufacturing factory in KP

News Desk
2019-07-18

PESHAWAR – A Chinese Telecom Company has expressed its interest inestablishing a cell phone manufacturing factory in Khyber Pakhtunkhwa. The...

Lahore Sialkot Motorway inauguration date announced

News Desk
2019-07-18

*ISLAMABAD – Travelling from Sialkot to Lahore will soon take just 41minutes instead of the three hours it takes now.*...

US dollar rises against Pakistani currency in interbank market

News Desk
2019-07-18

KARACHI – US dollar rises against Pakistani currency in interbank market. The Pakistani currency, on the back of deteriorating macroeconomicindicators,...

Dollar gains 19 paisa in interbank, closes at Rs 160.05

News Desk
2019-07-17

ISLAMABAD: The exchange rate of dollar jumped by 19 paisa in interbank and was traded at Rs 160.05 as compared...