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Pakistan State Oil: PSO Profit declined by 50 percent

Karachi: Pakistan State Oil or PSO Profit has seen a decline of around 50% as compare to the amount recorded in the same tenure...

MCB CEO: SBP gives approval to Imran Maqbool reappointment

Reappointment of Imran Maqbool as the Muslim Commercial Bank or MCB CEO is approved by State Bank of Pakistan (SBP). Imran Maqbool reappointed as the...

Foreign Exchange: SBP reserves fall by $591 million

State Bank of Pakistan or SBP reserves fall by around $591 million and reached at $7.457 billion on December 21. SBP reserves fall by $591...

Government generated Rs19.66 bn from Pakistan Investment Bond auction

Government of Pakistan generated over 19 billion rupees from the PIB bond auction. Through PIB or Pakistan Investment Bond auction, government raised Rs 19.668 billion...

Noor Financial Investment Company Divests Rs. 1.2 Billion from Meezan Bank

Noor Financial Investment Company carried on with its divestment plans in Meezan Bank as it sold over 15.7 million to foreign investors, with a...

UAE Aid to Pakistan: $3 billion will be received in single...

According to sources, UAE aid to Pakistan worth $3 billion will be offered in the single go. $3 billion UAE aid to Pakistan will be...

Mini budget 2019 is underway as govt, IMF has still differences

Mini budget 2019 is in under preparation as International Monetary Fund and government has still some differences. Mini budget 2019 is expected to come in...

Saudi oil facility will reduce the Pakistani rupee devaluation, SBP Governor

State Bank of Pakistan or SBP Governor Tariq Bajwa revealed that the Saudi oil facility will assist to stop the Pakistani rupee devaluation. Rupee devaluation...

Government, SBP grilled on exchange rate in Pakistan

Government, State Bank of Pakistan or SBP revealed the situation about the exchange rate in Pakistan. After the severe criticism, SBP and government said that...

Bank Islami Cyber Attack: SBP issues directions to banks for security

Bank Islami cyber attack of $6.5 million caused State Bank of Pakistan to issue directions to banks to enhance their security. The shocking Bank Islami...

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