SBP sells treasury bills worth Rs2,107.51 billion in auction
KARACHI – In a successful auction held on Wednesday, the State Bank of Pakistan (SBP) raised a substantial amount of Rs2,107.51 billion through the sale of Market Treasury Bills (MTBs).
KARACHI – In a successful auction held on Wednesday, the State Bank of Pakistan (SBP) raised a substantial amount of Rs2,107.51 billion through the sale of Market Treasury Bills (MTBs).
ISLAMABAD – The Federal Board of Revenue (FBR) of Pakistan has identified 152,201 Pakistani nationals with undeclared assets abroad, according to Mohammad Jehanzeb Khan, the Chairman of FBR.
KARACHI – Pakistan Telecommunication Company Limited (PTCL) has entered into a collaborative agreement with Careem, one of the leading ride-hailing platforms in Pakistan.
KARACHI – The Pakistan Stock Exchange (PSX) continued to experience profit-taking on Wednesday, as the benchmark KSE-100 index closed at 40,544 points, marking a decline of 52 points from the previous day’s closing of 40,596.
KARACHI – The Pakistani Rupee experienced a marginal decline of two paisas against the US dollar on Wednesday, closing at Rs138.94 in the interbank foreign exchange market.
Islamabad – Anticipation is running high in Pakistan as the country eagerly awaits the visit of Saudi Crown Prince, Mohammed bin Salman, scheduled for February 16, 2019.
Karachi – Allied Bank Limited, one of Pakistan’s leading financial institutions, announced a profit after tax of Rs12.88 billion for the year 2018, reflecting a commendable 1.15 percent increase compared to the preceding year’s profit of Rs12.733 billion.
ISLAMABAD: Federal Board of Revenue (FBR) has explained the inclusion into Active Taxpayers List (ATL) for availing reduced rates of withholding tax and other benefits.
Karachi – The federal government has officially appointed Arif Usmani as the President and Chief Executive Officer (CEO) of the National Bank of Pakistan (NBP), according to an official note received by the Pakistan Stock Exchange (PSX) on Wednesday.
Karachi – The Pakistani Rupee commenced the day by maintaining its value against the US Dollar on Wednesday, as reported by currency dealers.