Trade ISLAMABAD: Pakistan has witnessed a remarkable surge in trade settlement in Chinese RMB, with a staggering 600% increase, according to well-informed sources in the Commerce Ministry, as reported by …
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National
Pakistan to Make Biometric Verification Mandatory for Purchases Over $500
by Hamza Irshadby Hamza IrshadBiometric Verification ISLAMABAD: The State Bank of Pakistan has unveiled a strategy to curb the hoarding of US dollars, making biometric verification mandatory for individuals purchasing $500 and above from …
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EconomyLatest Updates
State Bank reduces foreign currency limit to $5,000 for a foreign trip of adult and $2,500 for minor because of forex crisis
by Umar Sohailby Umar SohailISLAMABAD: State Bank of Pakistan today notified reduction in the limit of carrying foreign currency for foreign trip to $5,000 because of low foreign exchange reserves and to ease pressure …
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EconomyLatest Updates
over 150 arrested by FIA in crackdown against manipulation of dollar-rupee exchange rate in pakistan: DG FIA
FIA has initiated a nationwide crackdown on manipulation of dollar-rupee exchange rate in the open market
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InternationalLatest Updates
Ashraf Ghani left Kabul with 4 cars and helicopter fully-loaded with foreign currency: Russia
Four cars were full of money, they tried to stuff another part of the money into a helicopter, but not all of it fit. And some of the money was …
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EconomyLatest Updates
Royal Friends in High Places with Money: Pakistan gets $4.5bn facility for oil, LNG imports from IDB Group
by Hamza Irshadby Hamza IrshadThe facility is expected to provide relief in oil and gas import bill and ease pressure on foreign exchange reserves.