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SBP injects Rs1,327 billion into market

KARACHI, Jul 05 (APP):The State Bank of Pakistan (SBP) injected Rs1,327.1 billion in the market on Friday through reverse repo purchase and Shariah Compliant Mudarabah based Open Market Operation (OMO). …

Gold rate surges

LAHORE, Jul 05 (APP):Gold prices in Pakistan increased by Rs1,100 per tola on Friday, reaching Rs244,400 per tola. The rise in prices of yellow metal was caused due to its …

CCP approves acquisition in currency exchange business

ISLAMABAD, Jul 5 (APP):The Competition Commission of Pakistan (CCP) has greenlit a merger within the cross-border remittances and currency exchange business. The approved transaction entails the acquisition of certain assets …