Karachi, August 3, 2023 – Pakistan’s foreign exchange reserves experienced a decline, reaching $13.464 billion by the week ending on July 27, 2023, as reported by the State Bank of Pakistan (SBP) on Thursday.
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Pakistan Gold Prices Plummet with International Decline
Karachi, August 3, 2023 – Gold prices in Pakistan experienced a sharp decline on Thursday as the international market for the precious metal witnessed a significant downturn.
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Section 7E Compliance Halts Property Transactions in Pakistan
The implementation of the mandatory requirement to comply with section 7E payment has brought property documentations across Pakistan to a near halt.
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Pakistan Secures Top WTC25 Position After Ashes Sanctions
England and Australia’s World Test Championship (WTC) aspirations suffered a blow due to sluggish over-rates in the Ashes series, leading to point deductions.
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Pakistan Shaheens’ Thrilling 43-Run Win Over Melbourne Stars
Shawaiz Irfan showcased an exceptional display of power-hitting and masterful bowling, leading Pakistan Shaheens to a stunning 43-run victory against Melbourne Stars in a thrilling Top End T20 Series encounter at TIO Stadium.
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Pakistan’s Exports Witness 12.68% Decline in July 2023
Islamabad, August 2, 2023 – The latest data released by the Pakistan Bureau of Statistics (PBS) indicates a significant decline in the country’s exports by 12.68% in July 2023, as compared to the previous month.
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Pakistan and Barrick Gold Seal Historic Agreement for Reko Diq Project Earnings in PKR
Islamabad, August 2, 2023 – In a significant development for the Reko Diq project, Pakistan and the Barrick Gold Corporation have reached an agreement to pay the government’s share in Pakistani rupees (PKR) for the investment in the project.
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Shaheens’ Sensational Win: Defend 94-Run Target vs. Renegades
Pakistan Shaheens achieved a remarkable victory in the Top End T20 Series, defending a challenging target of 94 runs against Melbourne Renegades.
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Pakistan Releases Official Petroleum Prices for First Half of August 2023
Islamabad, August 1, 2023 – The government of Pakistan has officially released the petroleum prices for the first half of August 2023, announcing an increase in the prices of petrol and high-speed diesel (HSD). The finance ministry issued a press release stating that the hike in prices is due to the substantial increase in international petroleum product prices.
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Inflation Spikes: Pakistan Grapples with 28.3% Surge in July
Islamabad, August 1, 2023 – The headline inflation in Pakistan witnessed a significant increase, reaching 28.3 percent in July 2023, based on the Consumer Price Index (CPI) year-on-year comparison.
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