A rise of $258 million in SBP’s reserves, reached $4.6 billion.
January 20, 2023
1:41 pm
The State Bank of Pakistan (SBP) said that its foreign exchange reserves grew by $258 million to $4.601 billion,
The State Bank of Pakistan (SBP) said that its foreign exchange reserves grew by $258 million to $4.601 billion,
The Punjab government has implemented prohibition on doing private usury business and the gazette notification of “The Punjab Prohibition of Interest Loans Act 2022” has been issued.
The country will begin receiving US dollar inflows beginning next week, according to State Bank of Pakistan (SBP) Governor Jameel Ahmad, who made the announcement on Wednesday
Pakistan Stock Exchange (PSX) Tuesday crashed to a two-and-a-half-year low as worsening political uncertainty triggered a massive selloff.
Exchange Companies Association of Pakistan (ECAP) in Karachi has recommended the government raise the dollar price for remittances to lessen the volatility of the currency market as the nation struggles with a severe economic crisis and low foreign reserves.
Toyota Motor Corp. stated on Monday that it anticipates producing up to 10.6 million vehicles this year, but cautioned that the prediction could be negatively impacted by bottlenecks in the parts supply.
To import 3.5 million US cotton bales, the All Pakistan Textile Mills Association (APTMA) has asked for a $2 billion soft loan.
The delegation, which consists of 80 individuals, will arrive in Pakistan on January 17 for three days of bilateral discussions through the Inter-Governmental Commission forum (IGC).
Rolls-Royce, a luxury automaker, has received more than 6,000 orders for vehicles for 2022. In the 118-year history of the business, this establishes a new sales record
Hyundai is now the third-largest automaker in the world, after Volkswagen and Toyota, based on volume.
According to information released on Friday, Indus Motor Company (IMC) has increased the pricing of Toyota automobiles by Rs280,000 to Rs1.2 million due to the uncertain economy, the impact of inflation on raw materials, and rising production costs.
ISLAMABAD: According to ARY News, the National Electric Power Regulatory Authority (Nepra) approved a Rs4.49 increase in the electricity rate for K-Electric customers on Friday due to a uniform pricing.
