Pakistan Customs, Tax, Shipping & Business News Resource
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), from time to time, issues public warnings to raise awareness among the general public regarding typologies of potentially fraudulent activities perpetrated…
KARACHI: Federal Investigation Agency (FIA), as mandated under law, has taken strict action against the forex hoarding, illegal sale/purchase and smuggling. There were intelligence reports that money is being illegally…
ISTANBUL: Turkey’s central bank said yesterday it has opened a foreign exchange (forex) gold swap market In a written statement, the Central Bank of the Republic of Turkey (CBRT) said…
KARACHI: Pakistan’s foreign exchange reserves increased $83 million or 0.56 percent to $14.885 billion during the week ended on February 01, the central bank data showed on Thursday. The reserves…
Consumption and import led robust economic growth in FY17 and FY18 was driven by loose monetary policy and an overvalued currency regime, which exposed Pakistan to vulnerability on the external…
KARACHI: Pakistan’s foreign exchange reserves surged 6.24 percent to $14.572 billion during the week ended November 23, the central bank reported on Thursday. The forex reserves stood at $13.715 billion…
KARACHI: Pakistan’s total liquid foreign reserves fell 1.7 percent week-on-week to $13.832 billion during the week ended on November 9, 2018, the central bank said. The country’s total foreign exchange…