Thursday, October 6, 2022

Floods damage discussed with CEO ADB.

ISLAMABAD: Finance Minister Ishaq Dar has knowledgeable a delegation of the Asian Development Bank (ADB) Wednesday approximately the devastation because of floods in Pakistan and its effect at the us of...

Country economy going through hard times due to floods.miftah

ISLAMABAD, Sep 8( APP) Minister for Finance and Revenue Miftah Ismail said that due to ruinous cataracts in the country, the frugality is going through hard times that have damaged the...

UAE Central Bank Increase Rate by 75 basis points

UAE financial organisation Increase Rate by seventy five basis points admin-augafbyADMIN-AUGAFSeptember twenty two, 2022Reading Time: one min scan UAE financial organisation Increase Rate by 75 basis points UAE financial organisation Increase...

Rupee trading in range of 230-232 in open market as spread with inter-bank widens

Spread betweeninter-bank and open- request rates soared to what currency dealers said was a major high with the gap hitting Rs10- 12 on Monday. The US bone finished at219.86 in theinter-bank request,...

Rupee future remain uncertain.

Rupee traded just shy of 240/$, but was not able to breach that level. Rates in Peshawar & Kabul also slides. Some traders expect this is the ceiling for the Rupee....

Govt trying to maintain forex reserves at optimum level: Miftah

ISLAMABAD: Miftah Ismail, the federal minister of finance and revenue, said on Wednesday that Pakistan has been working to maintain an ideal level of foreign exchange reserves despite flood damage in...

FATF cell move puts pressure on rupee

ISLAMABAD Pakistan’s Ministry of Finance and profit weren't part of a decision taken by the Civil Aviation Authority( CAA) making it obligatory for inbound transnational passengers to declare all the foreign...

Investment proposal floated as Qatar declines deposit plea

August 2022 saw only one LNG tender imported by the private sector. This was one better than no private significances a month before. Pakistan managed to arrange seven LNG loadings in...

Trade deficit clocks at $3.2 billion in August.

As Per FBR imports in Aug were $5.7b ⬇️ 13% from last year. Energy imports were $2b (up 5%) & non-energy imports were $3.6b (⬇️ 21%). Exports were 2.5b up 13%. Trade deficit was...

Small sigh of relief for rupee on Friday

KARACHI: The rupee on Friday controlled to level a modest healing in opposition to the United States greenback after struggling losses withinside the closing 15 consecutive sessions. The greenback misplaced simply six...
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