The delegation of the International Monetary Fund (IMF) will visit Pakistan at the end of January. According to the sources of the Ministry of Finance, the IMF will inform the schedule of its delegation’s visit to Pakistan early next week. During the visit, he will meet officials of various departments. Sources say that the IMF…
The government has issued a notification to change the interest rate of Naya Pakistan Certificate. According to the notification, the rate of return on investment in Naya Pakistan certificate has been changed, the minimum investment in the certificate will be 1 thousand US dollars. According to the announcement, investment in Naya Pakistan certificate can be…
Banks have refused to open petrol import LCs of oil companies. Industry sources revealed that banks have refused to open petrol import LCs of oil companies. According to industry sources, petrol is coming from 2 ships, after that there will be no petrol import. According to sources, if LCs are not opened by banks, there…
The price of gold has increased by Rs 700 per tola in the country today. According to All Pakistan Sarafa Gems and Jewelers Association, after the increase of Rs 700, the price of gold per tola in the country is Rs 1 lakh 86 thousand. Similarly, the price of 10 grams of gold is 1…
The US dollar crossed Rs 229 at the interbank level against the Pakistani rupee. The US dollar gained further in early trading this morning. The dollar has become 229 rupees 25 paise after becoming expensive by 10 paisa in interbank. On the other hand, the dollar has become 240 rupees after becoming expensive by 50…
Foreign exchange reserves have increased in the second week of the new year, the decline in foreign exchange reserves has stopped due to halting imports. According to the State Bank of Pakistan (SBP), the country’s foreign exchange reserves stood at $10.44 billion as of January 13. According to the State Bank, in the second week…
Minister of State for Finance Ayesha Ghos Pasha has said that the talks with the International Monetary Fund are ongoing, the government wishes not to put too much burden on the common man, but the IMF wants to take us to the other side. In a conversation with the media, he said that to go…
State Bank of Pakistan (SBP) has crossed another milestone in its digitalization journey. In a statement, the State Bank says that direct person-to-person payments have increased by over 1,000 billion rupees. According to State Bank, person-to-person payments have crossed one trillion in 11 months. State Bank has thanked all the participants for achieving this milestone….
According to the State Bank, domestic dollar reserves, which have been continuously decreasing for 7 months, have increased for the first time. According to the report, an increase of 260 million dollars was recorded in domestic foreign exchange reserves during one week. State Bank’s dollar deposits rose to $4.60 billion from the recent increase. Officials…
The Pakistan Stock Exchange (PSX) had a mixed day of business today. The PSX 100 index closed up 40 points at 38,831 today. 100 index remained in the band of 334 points during the business day, while the index touched a high of 39 thousand 65 today. 15.78 million shares worth 6 billion 40 crore…
