KARACHI: The State Bank of Pakistan (SBP) has mopped up liquidity, amounting to Rs61.55 billion in the banking system at the rate of return of 5.84 percent per annum, a bank statement said.
The central bank conducted Open Market Operation (OMO) for one-day tenor for which amount offered was Rs87.45 billion. The SBP received 21 bids and accepted 13 bids for the auction.
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ISLAMABAD: The All Pakistan Petrol Pumps Owners Association (APPPOA) on Wednesday postponed its planned nationwide strike after successful negotiations with...
ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...
ISLAMABAD: Pakistan has introduced a new daily pricing mechanism for petroleum products, replacing the previous periodic revision system. Under the...
