Eid-ul-Adha Mubarak
PkRevenue.com wishes Happy Eid-ul-Azha Mubarak to all valuable readers.
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Author: Mrs. Anjum Shahnawaz
Pakistan urges FATF to take action against Indian plot
ISLAMABAD – Pakistan has formally requested the Financial Action Task Force (FATF) to take immediate action against what it alleges to be India’s concerted efforts to politicize the international watchdog and influence decisions to place Pakistan on the grey list.
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Banks to reopen on Friday July 23, 2021
KARACHI: Banks will observe three holidays on account of Eid ul Adha from July 20 to July 22, 2021. The banks will reopen on Friday July 23, 2021, as per the announcement. A statement issued by the State Bank of Pakistan (SBP) said that the central bank will observe Eid ul Adha holidays on July […]
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SBP to eliminate electronic import form for PSW
KARACHI: The State Bank of Pakistan (SBP) on Monday notified amendments to foreign exchange manual to eliminate Electronic Import Form for Pakistan Single Window (PSW). The central bank in a statement on Monday said it was in the process of revising the foreign exchange regulations. The primary objective of these revisions is to promote ease […]
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Stock market gains 39 points in range bound trading
KARACHI: The stock exchange gained 39 points on Monday in range bound trading activities. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 47,873 points. The market closed at 47,834 points last Friday, showing an increase of 39 points. Analysts at Arif Habib Limited said that the market traded in a narrow range. […]
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KIBOR rates on July 19, 2021
KARACHI: State Bank of Pakistan (SBP) on Monday issued following Karachi Interbank Offered Rates (KIBOR) on July 19, 2021. Tenor BID OFFER 1 – Week 6.94 7.44 2 – Week 6.97 7.47 1 – Month 7.01 7.51 3 – Month 7.14 7.39 6 – Month 7.35 7.60 9 – Month 7.45 7.95 1 – Year […]
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Rupee weakens by Rs1.54 against dollar
KARACHI: The Pak Rupee fell by Rs1.54 against dollar on Monday due to higher demand for foreign currency ahead of Eid holidays. The rupee ended at Rs161.48 to the dollar from last Friday’s closing of Rs159.94 to the dollar. Currency experts said that the dollar demand for imports remained higher owing to three holidays announced […]
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Qadir Memon posted as chief collector enforcement south
The Federal Board of Revenue (FBR) has announced significant transfers and postings in the Pakistan Customs Service (PCS), affecting key positions in Karachi. Abdul Qadir Memon, a seasoned BS-20 officer of the PCS, has been appointed as the Chief Collector, Enforcement (South), Karachi.
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SBP issues exchange rates for July 19, 2021
KARACHI: The State Bank of Pakistan (SBP) on Monday issued customers’ exchange rates on the basis of weighted average rates of commercial banks.
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Pak Oxygen invests Rs2.5bn for ASU setup
KARACHI: Pakistan Oxygen Limited on Monday announced to set up an Air Separation Unit (ASU) with an amount of Rs2.5 billion. The company will set up the unit in the northern of Pakistan. This is company’s fifth ASU plant in the country. The board of directors of the company approved the investment plan on July […]
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