In the face of a shortage of liquidity in the money market system, the State Bank has provided a significant amount through open market operations. According to details, State Bank has provided commercial banks with a sum of 1,113.25 billion rupees for 77 days. Banks will pay an annual ...

A ship carrying a dangerous liquid has arrived at the Gadani shipbreaking yard despite an explicit warning by Interpol. According to the details, the ship containing 1,500 tonnes of mercury mixed with oil reached the Gadani shipbreaking yard even though Interpol had issued a warning about it and ...

Four Pakistani coal mining and power generation companies are planning to convert massive deposits of Thar coal into gas and liquid. The companies include HUBCO, Engro, Fauji Fertilizer, and Fatima Group. According to Khalid Mansoor, CEO of HUBCO, the four companies have decided to start a ...

ISLAMABAD- The total liquid foreign reserves held by the country stood at US$ 19,562.9 million on July 30, 2020, said a weekly report of State Bank of Pakistan on Thursday.The break-up of the foreign reserves position is as under:-i) Foreign reserves held by the State Bank of Pakistan:  US$ ...

ISLAMABAD-The total liquid foreign reserves held by the country stood at US$ 18,952.6 million on July 10, 2020, according to a weekly report issued by State Bank of Pakistan on Thursday.  The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State Bank of ...

ISLAMABAD: The Federal Board of Revenue (FBR) on Monday explained that the last date of filing declaration under the Assets Declaration Scheme had been extended through a presidential ordinance up to July 3 because the Parliament is not in session. “As the last date is now extended, the ...

Prime Minister Imran Khan has thanked the UAE government for supporting Pakistan so generously in testing time. In his tweet message, he said that this reflects our commitment and friendship that has remained steadfast over the years. Earlier, the daily National had reported that the UAE is to ...

KARACHI - State Bank of Pakistan (SBP) on Thursday issued the procedure for repatriation of liquid assets and deposit of tax under Foreign Assets (Declaration and Repatriation) Act-2018. The government has fixed June 30 as the last date for the declaration of assets and income under Tax Amnesty ...

KARACHI: The total liquid foreign reserves held by the country stood at US$ 19,710.7 million on November17, a State Bank of Pakistan (SBP) statement announced here onThursday.It said that the break-up of the foreign reserves positionis as under: i) Foreign reserves held by SBP: US$ 13,541.1 ...

BEIJING: China's central bank continued to drain cash from the financial system on Wednesday as the liquidity remained abundant.The People's Bank of China (PBOC) effectively withdrew 40 billion yuan (around 6 billion U.S. dollars) from the money market as the volume of maturing securities exceeded ...