KARACHI: State Bank of Pakistan (SBP) has notified banking times during lockdown to prevent spread of coronavirus.
(more…)Author: Mrs. Anjum Shahnawaz
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Dollar hits all-time high at Rs165
KARACHI: The US dollar hits all time high against dollar in intraday trading on Thursday and reached at Rs165.
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Customs agents take measures for trade facilitation amid coronavirus lockdown
KARACHI: Karachi Customs Agents Association (KCAA) has taken various measures to facilitate trade during ongoing lockdown related to prevent spread of coronavirus. The managing committee of the KCAA has taken several measures for the redressal of grievances being faced by the members.
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FBR may extend date for Tier-1 retailers POS integration
ISLAMABAD: Federal Board of Revenue (FBR) is likely to extend the last date for big retailers to integrate their point of sales (POSs) with the online system of the tax system owing to ongoing lockdown to prevent spread of coronavirus, sources said on Wednesday.
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Pakistan seeks $1.4 billion additional IMF loan
ISLAMABAD: Pakistan has initiated negotiations with the International Monetary Fund (IMF) for an additional grant of $1.4 billion on fast track basis.
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DP World takes precautions for consignment clearance at QICT to prevent COVID-19 spread
KARACHI: DP World has issued advisory regarding precautionary measures against coronavirus (COVID-19) for clearance of consignments at Qasim Qasim International Container Terminal (QICT).
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Equity market witnesses 8th halt; crashes by 1396 points
KARACHI: The equity market crashed again on Wednesday and lost 1396 points after witnessing eighth lower lock in this month.
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Interbank rate closes at Rs161.60 against dollar
KARACHI: The interbank foreign exchange market ended at Rs161.60 to the dollar on Wednesday, marking a sharp fall of Rs2.60 paisas from the previous day’s closing, according to the closing rate provided by the State Bank of Pakistan (SBP).
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Business community welcomes PM relief package
KARACHI: Business community has welcomed the relief package of around Rs1.2 trillion announced by Prime Minister Imran Khan to ward off the negative impact of coronavirus.
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