Meezan Bank, Regal Auto sign MoU for Sharia financing solutions

KARACHI: Meezan Bank, Pakistan’s leading Sharia compliant bank, has signed a Memorandum of Understanding (MoU) with Regal Automobile Industries Limited to provide exclusive Shariah-compliant financing solutions and value-added services to its customers.... Read more »

Rupee ends unchanged against dollar

KARACHI: The Pak Rupee ended unchanged against dollar in interbank foreign exchange market on Tuesday amid lackluster trading. Read more »

Non-acceptance of duty, taxes: SBP launches surprise inspection of bank branches

KARACHI: State Bank of Pakistan (SBP) has launched surprise inspection of bank branches across the country on complaints received from taxpayers that banks were not accepting duty, taxes through over the counter... Read more »

Rupee eases against dollar on higher corporate demand

KARACHI: The Pak Rupee ended down by one paisa against dollar on Monday on higher demand from corporate sector. Read more »

Rupee gains four paisas against dollar in early trade

KARACHI: The Pak Rupee gained 4 paisas against dollar in early trade on Monday owing to narrowing trade deficit during first nine months in the current fiscal year. Read more »

Rupee ends firmer against dollar

KARACHI: The Pak Rupee ended firmer against dollar on Friday amid lackluster demand for import and corporate payments. Read more »

Rupee ends flat in interbank market

KARACHI: The Pak Rupee ended flat against dollar on Thursday despite gain earlier in the day. Read more »

Rupee gains 4 paisas in early trade on declining import bill

KARACHI: The Pak Rupee gained 4 paisas against dollar in early day trading on Thursday after the reports of significant fall in import bill in March 2019. Read more »

SBP sells treasury bills worth Rs415.72 billion at above 11pc cut-off yield

KARACHI: State Bank of Pakistan (SBP) raised an amount of Rs415.72 billion through sale of Market Treasury Bills (MTBs) at an auction held on Wednesday. Read more »

Rupee makes gain against dollar

KARACHI: The Pak Rupee made slight gain against dollar on Wednesday amid lower demand for import and corporate payments. Read more »

Rupee ends firmer in rang bound trading

KARACHI: The Pak Rupee ended firmer against dollar on Tuesday in a range bound trading activity. Read more »

SBP to be given independence for money market discipline

ISLAMABAD: The State Bank of Pakistan (SBP) to be given operation and institutional independence for bringing discipline in money market. Read more »