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Pakistan China make history with new currency swap agreement worth billions of Dollars/Yuan

News Desk
2018-05-24

BEIJING: For the first time in History Pakistan and China have inked theunprecedented currency swap agreement. China’s central bank said...

Pakistan Foreign Exchange Reserves register sudden decline of Rs 50 billion

News Desk
2018-05-24

KARACHI – Pakistan’s foreign exchange reserves registered decrease of 415million dollars. As per details, the country’s foreign exchange reserves stood...

China gives an economic life line to Pakistan: Report

News Desk
2018-05-24

ISLAMABAD: China has given Pakistan a credit line worth $1.6 billion tostave off a balance of payments crisis, two Pakistani...

Pakistan to launch ferry services to multiple middle eastern countries: Report

News Desk
2018-05-24

ISLAMABAD – Pakistan is planning to launch ferry services from its Karachiport to Iran, the United Arab Emirates and Oman...

Pakistan Afghanistan Motorway: World Bank to finance project

News Desk
2018-05-22

PESHAWAR – World Bank has decided to invest $460 million to build a newmotorway from Peshawar to Afghanistan border aimed...

Moody s reaffirms Pakistan s credit profile as B3 stable

News Desk
2018-05-22

ISLAMABAD: World’s one of the most respected credit rating agency Moody’s has reaffirmed Pakistan’s credit profile as B3 stable. The...

State Bank of Pakistan inject Rs 675 billion into money market

News Desk
2018-05-22

KARACHI – State Bank of Pakistan on Monday injected Rs 675 billion intomoney market for four days as reverse purchase...

Pakistan records highest ever budget deficit of its history

News Desk
2018-05-22

ISLAMABAD – A record high budget deficit of Rs1.481 trillion for ninemonths of the current fiscal year has been recorded...

Pakisan paces up work on strategic road in the North which would act as an alternate route for CPEC

News Desk
2018-05-21

GILGIT – Pakistan has paced up the work on strategic Gilgit Skardu Road inthe north which would be used as...

CPEC: Is Pakistan becoming a Chinese colony?

News Desk
2018-05-21

ISLAMABAD – Five years have elapsed ever since the China-Pakistan EconomicCorridor initiative (CPEC) was proposed by the Chinese Prime Minister...