Adnan Farooq
Remittances to Pakistan increased by 14.1 percent year on year to $2.3 billion, clocking in above the $2bn mark for the fifth consecutive month in a row, the latest figures released by the State Bank
Adnan Farooq
Pakistani rupee is Asia’s third-best performing currency since October 1, a comparison released by Bloomberg showed. The rupee trails behind the Indonesian Rupiah and South Korean Won. As per the exchange rate figures released by
Adnan Farooq
Inflation for the month of October eased to 8.9 percent compared to 9pc in September mainly on the back of a gradual decline in food prices, data released by the Pakistan Bureau of Statistics showed.
Adnan Farooq
The dollar in the interbank market fell to a six-month low as it traded as low as Rs106. The rupee has been strengthening in the last few weeks owing to better inflows in the form
Adnan Farooq
The State Bank of Pakistan earned a record profit of Rs1.16 trillion during the fiscal year 2019-20 ended on June 30, compared to a loss of Rs1.043bn during the same period last fiscal year, data
Adnan Farooq
The State Bank of Pakistan (SBP) on Tuesday introduced a transparent mechanism, with complete delegation to banks, for remitting disinvestment proceeds to facilitate foreign direct investment (FDI). Under the new mechanism, the banks will be
Adnan Farooq
The rupee rose to its five-month high level on Thursday as it was at Rs163.20 in the interbank market mainly on the back of lower demand for foreign currency due to lower imports and a
Adnan Farooq
Federal Minister for Aviation Ghulam Sarwar Khan has said that the government is not planning to sell the iconic Roosevelt Hotel and called the news regarding it as speculative and misleading. His statement comes a
Adnan Farooq
The auto sales in the country during the month of September jumped to 11,860 units compared to 9,885 units in August, data released by the Pakistan Automotive Manufacturers Association showed. The sector ended the first
Adnan Farooq
Remittances during the month of September jumped by 31 percent to $2.3 billion compared to the same month last year, data released by the State Bank of Pakistan (SBP) showed on Monday. “Trend of strong
