Foreign Exchange Reserves According to a recent report from the State Bank of Pakistan (SBP), the country’s foreign exchange reserves have experienced a modest yet noteworthy increase, reaching a total …
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National
Pakistan Directs Banks to Stop Demanding COVID-19 Vaccination Certificates for Haj Applications
ISLAMABAD: Health authorities in Pakistan have instructed commercial banks not to request COVID-19 vaccination certificates from individuals submitting applications for Haj 2024. The National Command and Operation Centre (NCOC) at …
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Economy
Pakistan’s State Bank Foreign Exchange Reserves Dip by $219.8 Million in Latest Weekly Report
The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $219.8 million or 2.85% week-on-week (WoW) to $7.49 billion during the week ending on October 20, …
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Economy
Govt wouldn’t use forex reserves of commercial banks Ishaq Dar
by Hamza Irshadby Hamza IrshadISLAMABAD: Finance Minister Senator Muhammad Ishaq Dar clearly stated that the government will not utilize the commercial banks foreign exchange reserves. Dar said, “The government would not take over foreign …
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EconomyLatest Updates
Pakistan Prosperity Index surges by 13% as businesses register growth post-lockdown
by Umar Sohailby Umar SohailPPI grew to an all-time high 135.9 in June. The PPI is a collection of trade volume, lending to the private sector, purchasing power and manufacturing output indices. Purchasing power …