Category: Business

Business news from Pakistan

Efforts on to improve National Planning Framework

ISLAMABAD, Mar 11 (APP):Chairman Planning Commission, Muhammad Jehanzaib Khan said here Monday said that efforts were afoot to improve National Planning Framework with consensus through consultation with provinces and other stakeholders and present it to the National Economic Council to make it part of National Framework. He was speaking at the inaugural ceremony of National… Continue reading Efforts on to improve National Planning Framework

Kerb currency market

KARACHI, Mar 11 (APP):Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Monday. F.C.                         BUYING        SELLING INTER BANK                   279.00     … Continue reading Kerb currency market

Currency rates of NBP

KARACHI, Mar 11 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Monday. CURRENCY SELLING BUYING USD 282.30 276.21 GBP 362.75 354.91 EUR 308.84 302.72 JPY 1.9212 1.8797 SAR 75.27 73.64 AED 76.86 75.20

Foreign exchange rates

KARACHI, Mar 11 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Monday. CONVERSION RATES FOR MARCH 11, 2024 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE MARCH 14, 2024 USD 278.8897 GBP 357.4250 EUR 305.0216 JPY… Continue reading Foreign exchange rates

Tiwana addresses IRS Officers of 50th STP

LAHORE, Mar 10 (APP): The passing-out ceremony of the Inland Revenue Service (IRS) Officers of 50th Specialized Training Programme (STP) was held here at IRS Academy with Malik Amjad Zubair Tiwana, Chairman of Federal Board of Revenue (FBR) as chief guest. Addressing the ceremony, the FBR chairman congratulated the officers for successfully completing the STP… Continue reading Tiwana addresses IRS Officers of 50th STP

SECP issues concept paper on Shariah-compliant brokerage services

ISLAMABAD, Mar 8 (APP): The Securities and Exchange Commission of Pakistan (SECP) on Friday published a concept paper aimed at enabling Shariah-compliant brokerage services in the securities market through an optimal organizational and operational model. The concept paper presents several options available for the provision of Shariah-compliant brokerage services, including the opening of an Islamic… Continue reading SECP issues concept paper on Shariah-compliant brokerage services

Workers’ remittances record $2.2 bn inflow in Feb

ISLAMABAD, Mar 8 (APP):The overseas workers’ remittances recorded an inflow of US$2.2 billion during February 2024, the State Bank of Pakistan (SBP) on Friday said. In terms of growth, during the month under review, remittances decreased by 6.2 per cent on a month-on-month basis. However, on a year-on-year basis, the remittance increased by 13 per… Continue reading Workers’ remittances record $2.2 bn inflow in Feb

Exchange Companies-Opening

KARACHI, Mar 08 (APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Exchange companies Association of Pakistan, here on Friday. F.C. BUYING SELLING INTER BANK 279.05 279.15 USD 279.00 281.90 EURO 304.35 307.35 GBP 356.25 359.75 JPY 1.87 1.97 AED75.85 76.60 SAR74.10 74.85 CAD 206.00 209.00 AUD 182.80 185.80

Foreign exchange rates

KARACHI, Mar 08 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Friday. CONVERSION RATES FOR MARCH 08, 2024 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE MARCH 12, 2024      USD      279.1262    … Continue reading Foreign exchange rates

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