KARACHI: Pakistani Rupee (PKR) plunged by 27 per cent or PKR 48.26 to the dollar during the year 2022.
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Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
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FBR notifies rules for subscribing Pakistan Single Window system
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified rules for subscribing Pakistan Single Window (PSW) system for conducting cross-border trade.
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Pakistan’s official forex reserves fall to alarming level of $5.82 billion
KARACHI: Pakistan’s official foreign exchange reserves have fallen to an alarming level of $5.82 billion by week ended December 23, 2023, according to data released on Thursday.
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SBP raises markup rate for export financing to 13pc
KARACHI: State Bank of Pakistan (SBP) on Thursday enhanced export financing markup rate by 200 basis points to 13 per cent.
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Dollar rises to PKR 226.41 as demand jumps for import, corporate payments
KARACHI: The US dollar rose to Pakistani Rupee (PKR) 226.41 on Thursday as demand jumped for import and corporate payments.
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FBR adopts HS-2022 recommended by World Customs Organization
ISLAMABAD: Federal Board of Revenue (FBR) has adopted harmonized system (HS) – 2022 on the recommendations of the World Customs Organization (WCO).
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Rupee further weakens to dollar as SBP lifts ban on imports
KARACHI: Pakistani Rupee (PKR) fell further against the US dollar on Wednesday as the State Bank of Pakistan (SBP) lifted a ban on imports.
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Pakistan plans shifting government offices to solar power
ISLAMABAD: Pakistan has planned to shift the government offices to solar power by April 2023 to slash oil import bill of the country.
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SBP withdraws prior permission for import transactions
KARACHI: State Bank of Pakistan (SBP) has withdrawn prior approval for banks for initiating import transactions. Previously the condition was imposed in May 2022.
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Last date to redeem bearer prize bonds extended: SBP
KARACHI: The State Bank of Pakistan (SBP) on Tuesday said that the last date to redeem bearer prize bonds has been extended considering the hardship of bond holders.
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