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Web Desk
Sep 24, 2024

SBP extends date for imports of cash US dollars till June 30, 2025

SBP has extended the import deadline of cash US dollars by exchange companies for their export consignments till June 30, 2025

Business

Web Desk
Mar 23, 2024

SBP authorises two private banks to launch exchange companies

SBP has also increased the minimum capital requirement for ECs from Rs 200 million to Rs 500 million, thereby raising the entry barrier for the private sector.

Business

Web Desk
Dec 28, 2023

ECAP adopts SBP-directed mechanism for issuing exchange rates

Exchange Companies Association of Pakistan (ECAP) has implemented a new mechanism for determining the exchange rates of foreign currencies.

Business

Web Desk
Dec 21, 2023

8th consecutive win: Pakistani rupee gains 11 paisa vs US dollar

The Pakistani rupee (PKR) continued its positive trend on Thursday, gaining more than 11 paisa against the US dollar to settle at PKR 282.79.

Business

Web Desk
Dec 19, 2023

Pakistani rupee gains 20 paisa to close at Rs283.01 vs dollar

In the latest interbank session on Tuesday, the Pakistani rupee (PKR) demonstrated a positive trend by strengthening approximately 20 paisa against the US dollar (USD).

Business

Web Desk
Dec 18, 2023

5th consecutive gain: rupee closes at Rs283.21 against dollar

In Monday’s interbank session, the Pakistani rupee (PKR) demonstrated resilience, appreciating by 4.77 paisa against the US dollar.

Business

Web Desk
Dec 15, 2023

Interbank closing: PKR closes week at Rs283.26 per USD

In a noteworthy development, the Pakistani rupee (PKR) demonstrated resilience by appreciating over 61 paisa against the US dollar (USD) this week.

Business

Web Desk
Dec 13, 2023

Interbank closing: PKR records slight gain against US dollar

In the latest interbank trading session on Wednesday, the Pakistani rupee (PKR) demonstrated resilience, marking a gain of 16.99 paisa against the US dollar (USD).