Fitch downgrades Pakistan’s foreign currency IDR rating
KARACHI: Fitch Ratings on Tuesday downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC-‘, from ‘CCC+’.
KARACHI: Fitch Ratings on Tuesday downgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC-‘, from ‘CCC+’.
KARACHI: Pakistani Rupee (PKR) made sharp recovery against the dollar on Tuesday despite significant fall in foreign inflows.
ISLAMABAD: Finance division has advertised to invite applications for appointment of CEO National Bank of Pakistan (NBP).
KARACHI: State Bank of Pakistan (SBP) on Monday decided to initiate action against exporters for delay in realization of export proceeds.
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) on Monday warned the general public against illegal non-banking financial companies (NBFCs).
KARACHI: Inflows of foreign remittances into Pakistan have declined by 11 per cent during first seven months (July – January) of fiscal year 2022-2023, the central bank said on Monday.
KARACHI: Pakistani Rupee (PKR) weakened by 16 paisas against the dollar to end at PKR 269.44 on Monday due to massive decline in foreign exchange reserves.
KARACHI: Pakistani Rupee (PKR) made recovery of PKR 1.23 against the dollar on Friday amid massive fall in foreign exchange reserves.
KARACHI: The Banking Mohtasib (Ombudsman) Pakistan, Muhammad Kamran Shehzad on Thursday said his institution has provided relief of about one billion rupees (Rs 974.36 million) to the banking customers by disposing of 27,658 complaints against commercial banks during the calendar year 2022.
KARACHI: Pakistani Rupee (PKR) on Thursday recovered PKR 2.82 to reach PKR 270.51 against the dollar in the interbank foreign exchange market.