Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
KARACHI, November 27, 2023 – Federal Banking Ombudsman Sirajuddin Aziz emphasized the pivotal role of technological solutions and customer awareness in tackling the escalating incidents of financial crimes in the country.
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Karachi, November 26, 2023 – The Pakistani Rupee (PKR) is anticipated to remain under pressure against the U.S. dollar in the upcoming week starting November 27, 2023, as currency analysts suggest a narrow trading range due to mixed economic signals impacting the country’s currency.
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Karachi, November 24, 2023 – The Pakistani Rupee (PKR) witnessed a depreciation of PKR 0.10 against the US Dollar on Friday, closing at PKR 285.37 in the interbank foreign exchange market.
(more…)Karachi, November 23, 2023 – The Pakistani Rupee (PKR) faced a setback on Thursday, bringing an end to its five-day winning streak against the US dollar in the interbank foreign exchange market.
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Islamabad, November 22, 2023 – The Federal Board of Revenue (FBR) has issued a crucial notification on Wednesday, outlining the process for the computation of windfall tax on banks.
(more…)Karachi, November 22, 2023 – The Pakistan Rupee (PKR) continued its rally for the fifth consecutive day against the US dollar, reaching PKR 285.13 on Wednesday.
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Islamabad, November 21, 2023 – Pakistan has taken a decisive step in controlling the rise of surrogate advertisements related to cryptocurrency exchanges and betting platforms by imposing a ban on their promotion.
(more…)Karachi, November 21, 2023 – The Pakistani Rupee (PKR) continued its recovery against the US dollar for the fourth consecutive day, closing at PKR 285.79 in the interbank foreign exchange market on Tuesday.
(more…)Karachi, November 20, 2023 – The Pakistani Rupee (PKR) showcased resilience on Monday, gaining 56 paisas against the US dollar, closing at PKR 285.97 in the interbank foreign exchange market.
(more…)Karachi, November 19, 2023: The Pakistani Rupee (PKR) is anticipated to extend its upward trajectory against the US dollar in the upcoming week starting November 20, 2023.
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