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.
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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in a major breakthrough, has succeeded in establishing a dedicated Shariah-compliant...
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ISLAMABAD: The Neelum-Jhelum Hydropower Project is unlikely to resume electricity generation before 2028, with repair work on the 979-megawatt facility...
