KARACHI: State Bank of Pakistan (SBP) on Thursday enhanced export financing markup rate by 200 basis points to 13 per cent.
(more…)Category: Top stories
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.
-
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.
(more…) -
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).
(more…) -
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.
(more…) -
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.
(more…) -
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KARACHI: State Bank of Pakistan (SBP) has withdrawn prior approval for banks for initiating import transactions.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.
(more…) -
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.
(more…) -
Rupee free fall continues; dollar hits PKR 226.15 in interbank
KARACHI: Free fall in Pakistani Rupee (PKR) continued on Tuesday as the US dollar hit PKR 226.15 in interbank foreign exchange market.
(more…) -
Pakistani traders making $2 billion imports monthly by misusing Afghan transit trade
KARACHI: Pakistani traders misusing Afghan Transit Trade by importing about $2 billion worth import monthly, claimed by Malik Mohammad Bostan, Chairman Exchange Companies and Forex Association of Pakistan at a press conference on Monday.
(more…) -
Rupee depreciates to PKR 225.82 against dollar in interbank
KARACHI: Pakistani Rupee (PKR) has depreciated by 18 paisas against the dollar on Monday to end at PKR 225.82 in the interbank foreign exchange market.
(more…)