KARACHI: The State Bank of Pakistan on Friday mopped up from the money market Rs658.3 billion (Rs 55.2 billion for three days and Rs603.1 billion for seven days) as reverse repo sale through its open market operation.
According to an SBP statement, four quotes were offered for three-day mop up while 16 were offered for seven-day mop up. The rate of return accepted for both categories of the operation is 8.45 per cent per annum.
ISLAMABAD: The Ministry of Railways has presented a detailed plan in the National Assembly for the upgradation of the 1,726-kilometre...
KARACHI: UAE-based carrier flydubai has suspended its flight operations to and from Islamabad, Lahore and Peshawar until October 26, citing...
LAHORE: Punjab Minister for Industry and Commerce Chaudhry Shafay Hussain and Chinese Consul General Sun Yan inaugurated the 19th International...
KARACHI: The government has planned a 500-megawatt floating solar power project at Keenjhar Lake in Sindh with an estimated cost...
