KARACHI: The foreign exchange reserves of the country increased $47 million to $20.834 billion by week ended May 6, 2016 as against $20.787 billion a week ago, the State Bank of Pakistan reported.
The SBP reserves increased by $128 million to $16.033 billion, compared to $15.905 billion in the previous week. The reserves held by the commercial banks fell by $82 million to $4.801 billion from the previous week’s level of $4.883 billion.
LAHORE: The Punjab government has started revising property valuation rates across multiple districts in an effort to attract foreign investment,...
KARACHI: The consortium led by Arif Habib Corporation Limited has notified the Privatization Commission of its intent to acquire the...
ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Pakistan International Airlines Corporation Limited (PIA) by...
