KARACHI: The State Bank of Pakistan injected Rs 467 billion into money market for one night (overnight) as reverse repo purchase through its open market operation.
Eight bids of Rs 467 billion were offered and all were accepted. The rate of return accepted is 13.4 percent per annum, said a SBP press release.
ISLAMABAD: Pakistan’s customs authorities incurred revenue losses exceeding Rs. 3.56 billion due to the incorrect classification and undervaluation of imported...
ISLAMABAD: The Federal Board of Revenue (FBR) has intensified scrutiny of foreign income linked to Pakistan’s real estate sector by...
KARACHI: Pakistan's maritime sector has achieved a major milestone as Karachi Port set a new record in its 138-year history...
ISLAMABAD: Saudia has inaugurated its first office in Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province, KP Governor Faisal Karim Kundi said...
