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 – In a promising start to the day, the Pakistani Rupee demonstrated its resilience by gaining six paisas against the US Dollar during early morning trading on Friday.
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Overseas Pakistani workers have continued to make a significant contribution to the country’s economy, with remittances totaling $10.719 billion during the first half of the fiscal year 2018-2019 (July to December).
(more…)Karachi, January 10, 2019 – The Pakistani rupee experienced a modest gain of five paisas against the US dollar on Thursday, attributed to increased inflows from remittances and export receipts, as reported by dealers to PkRevenue.com.
(more…)The Pakistani rupee saw an upswing against the US dollar on Tuesday, as demand for imports and corporate payments surged, according to dealers in Karachi.
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