Tag: foreign exchange

Pakistan earns $1,707 million from services’ exports in Q1

ISLAMABAD, Nov 3 (APP):Pakistan earned foreign exchange worth $1,707 million from exports of various services during the first quarter (Q1) of the current fiscal year (2023-24), Pakistan Bureau of Statistics (PBS) reported. However, as compared to the services’ exports of $1,717 during July-September (2022-23), the external trade witnessed a slight negative growth of 0.58 percent,… Continue reading Pakistan earns $1,707 million from services’ exports in Q1

Forex reserves reach highest position since October 2022: Dar

ISLAMABAD, Jul 21 (APP):Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said here on Friday that the foreign exchange reserves held by State Bank of Pakistan (SBP) were at highest position now since October 2022. In a tweet, the federal minister said the total liquid foreign reserves stood at $14.6 billion. “Total liquid… Continue reading Forex reserves reach highest position since October 2022: Dar

Pakistan can earn $300m through PVC exports

ISLAMABAD, May 31 (APP):Significant investments to expand and improve the efficiency of domestic PVC production have created an opportunity for Pakistan to earn USD 300 million through the export of surplus volumes and products. Currently, Pakistan’s per capita PVC consumption stands at 1.2 kg versus a global average of 6.1 kg. Growth in our per… Continue reading Pakistan can earn $300m through PVC exports

Foreign exchange rates

KARACHI, Jun 10 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Friday. CONVERSION RATES FOR JUNE 10, 2022 FOR FOREIGN CURRENCYFOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE JUNE 14, 2022 USD 200.6109 GBP 251.1247 EUR 214.8342 JPY 1.5005

Foreign exchange rates

KARACHI, Jun 09 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Thursday. CONVERSION RATES FOR JUNE 09, 2022 FOR FOREIGN CURRENCYFOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE JUNE 13, 2022 USD 201.3455 GBP 252.2054 EUR 215.1578 JPY 1.5057

Foreign exchange rates

KARACHI, Jan 19 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Wednesday. CONVERSION RATES FOR 19TH JANUARY 2022 FOR FOREIGN CURRENCYFOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE JANUARY 21, 2022 USD 176.1635 GBP 240.2165 EUR 222.5798 JPY 1.5357

Foreign exchange rates

KARACHI, Mar 22 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Monday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR 0.2039 22.03.2021 CONVERSION RATES FOR 22TH MARCH… Continue reading Foreign exchange rates

Revival of power loom sector to boost economy

By Nisar Shaikh HYDERABAD, Feb 20 (APP):Manufacturing sector growth in any country provides strong basis for a vibrant economy, help create employment and boost exports for earning more and more foreign exchange. Economic stability is most often linked to manufacturing sector growth as it provides a strong basis for economy through revenue collection, enhancing per… Continue reading Revival of power loom sector to boost economy

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