rise
-
Forex reserves rise by $56.4m to $7.7b | The Express Tribune
.
[ad_1] KARACHI: The State Bank of Pakistan (SBP) has reported a 0.74% increase in its foreign exchange reserves on a week-on-week basis, with the total now standing at $7.7 billion. According to data released by the central bank on Thursday, its foreign currency reserves increased by $56.4 million and reached $7,695.3 million in the week…
-
Forex reserves rise $12m to $8.1b | The Express Tribune
.
[ad_1] KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) have increased by 0.14% on a week-on-week basis, reaching $8.1 billion, according to data released by the central bank on Thursday. By the end of the week on August 11, 2023, the central bank’s foreign currency reserves were recorded at $8,055.3 million,…
-
SECP records 25% rise in company registrations | The Express Tribune
.
[ad_1] ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has registered 2,220 new companies in July 2023, reflecting a substantial 25% increase from the previous year. The collective capitalisation for these newly registered entities amounted to Rs3.3 billion. The total count of registered companies in the nation has risen to an impressive 197,828, as…
-
Travel services exports rise to $935m in first 11 months of FY22-23
.
[ad_1] A general view of sea port in Karachi, Pakistan on January 11, 2023. — AFP ISLAMABAD: Pakistan’s export of travel services grew by 86.99% to $935 million in the first 11 months of the fiscal year 2022-23 as compared to $500 million in the preceding year. According to the data issued by the Pakistan Bureau of Statistics (PBS), the…
-
Gold prices go up locally amid rise in international market
.
[ad_1] A shopkeeper sets gold jewellery at his store in Rawalpindi in this undated file photo. — AFP/File KARACHI: International rates of gold pushed prices in the local market by more than Rs2,000 per tola on Thursday. The price of gold (24 carats) gained Rs2,600 per tola and Rs2,230 per 10 grams to settle at…
-
Gold price in Pakistan falls despite rise in international rates
.
[ad_1] A representational image of gold jewellery. — AFP/File Gold price in Pakistan declined by Rs2,400 per tola as the rupee made gains against the US dollar in the interbank market on Wednesday. According to data issued by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) on Wednesday, the price of gold (24 carats) declined by…
-
India’s forex reserves top $600bn, rise to near 15-month high | The Express Tribune
.
[ad_1] MUMBAI: India’s foreign exchange reserves rose for a third straight week and stood at $609.02 billion as of July 14, the highest in nearly 15 months, the Reserve Bank of India’s (RBI) data showed on Friday. The reserves rose by $12.74 billion from the week earlier, the biggest gain in four months. Reserves had…
-
Electric bills to significantly rise soon | The Express Tribune
.
[ad_1] ISLAMABAD: ISLAMABAD. The country’s power regulator–the National Electric Power Regulatory Authority (Nepra) on Friday approved a hike in the national average power tariff by Rs4.96 per unit for the current fiscal year, in line with a condition imposed by the International Monetary Fund (IMF). If Nepra’s decision is implemented, the electric bills of all…
-
Foreign exchange reserves rise to $4.4b | The Express Tribune
.
[ad_1] KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) saw a significant surge of 9.6% on a week-on-week basis, as reported by data released by the SBP on Thursday. As of June 30, the SBP’s foreign currency reserves reached $4.4 billion, recording an increase of $393 million compared to $4.06…
-
Rise in LNG chain circular debt feared | The Express Tribune
.
[ad_1] ISLAMABAD: Pakistan State Oil (PSO) has voiced fear that circular debt related to the liquefied natural gas (LNG) supply chain, which has already piled up to Rs447 billion, will continue to increase. In a recent corporate briefing on the company’s performance in first nine months of financial year 2022-23 and its operational dynamics, PSO…
