Result of SBP Open Market Operations (OMO) Mop-up
State Bank of Pakistan conducted Open Market Operation, Repo Sale (Mop-up) on March 30, 2023. The result is as under: Result of SBP Open Market Operations (OMO) Mop-up
Pakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 9,815.9 million as of 24-Mar-2023. The break-up of the foreign reserves position is as under: Foreign reserves held…
Revocation of Licenses of M/s Capital Exchange Company-B (Pvt.) Ltd & Gohar Exchange Company-B (Pvt.) Ltd
The foreign exchange licenses of M/s. Capital Exchange Company-B (Pvt.) Ltd. and M/s. Gohar Exchange Company-B (Pvt.) Ltd. have been revoked. Accordingly, these companies are not authorized to carry out…
SHC allows provisional release of goods in petition by importer
KARACHI: The provisional release of goods was allowed in yet another petition filed by an importer Shahzad Maqbool through renowned law firm Franklin Law Associates. The issue involved was enforcement…