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Declining trend was seen on the money market on Thursday as the rupee failed to keep firm trend versus the dollar in process of trading activity, dealers said. The rupee shed its value against the dollar for buying and selling at Rs 141.39 and Rs 141.40 respectively, they said. INTER-BANK...
The rupee managed to gain against the dollar on the money market on Thursday in the process of trading activity, dealers said. The rupee picked up 15 paisas versus the dollar for buying at Rs 141.25 and it also rose by 10 paisas for selling at Rs 141.30, they...
The rupee managed to hold present levels against the dollar during the week, ended on April 27, 2019. INTER-BANK MARKET RATES: The rupee did not show any variation in terms of the dollar for buying and selling at Rs 141.39 and Rs 141.40. OPEN MARKET RATES: The rupee was almost unchanged...
KARACHI: The State Bank of Pakistan (SBP) on Thursday launched refinance and credit guarantee scheme to support women entrepreneurs across the country, in efforts to revive economic activity and improve access to financing facilities to small businesswomen. “In order to encourage SME (small and medium enterprises) financing to women entrepreneurs...
KARACHI: In an effort to give a much-needed boost to exports, the State Bank of Pakistan (SBP) has raised the maximum limit of cheaper financing for the import and purchase of plant and machinery by 66.6% to Rs2.5 billion for each export-oriented project. “With a view to further promoting investment in...
Modest recovery was witnessed on the money market on Monday as the rupee improved versus the dollar in the process of trading activity, dealers said. INTER-BANK MARKET RATES: The rupee did not budge any side in terms of the dollar for buying and selling at Rs 141.39 and Rs 141.40 respectively,...
The rupee showed mixed trend against the dollar on the money market during the week, ended on April 20, 2019. The rupee held the present levels in terms of the dollar for buying and selling at Rs 141.39 and Rs 141.40. INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee dropped by...
KARACHI: The PTI government in consultation with the State Bank of Pakistan (SBP) is considering relocating governments’ deposits worth Rs1.9 trillion from commercial banks to a single bank account at the central bank. Speculations suggest the International Monetary Fund (IMF) has advised the government – negotiating a bailout with the international...
The rupee fluctuated modestly in relation to the dollar during the week, ended on April 13, 2019. The rupee managed to hold present levels in terms of the dollar for buying and selling at Rs 141.39 and Rs 141.40. INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee picked up 50 paisas...
LAHORE: In a rare admission, the adviser to prime minister on commerce has acknowledged that depreciation of the rupee has pushed up the rate of inflation in the country. Speaking to media on Thursday after inauguration of the Textile Expo, organised by the Trade Development Authority of Pakistan (TDAP), PM Adviser...

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pakistan PayPal

PayPal refusal

AMERICAN online payment giant PayPal will not be coming to Pakistan, a Senate committee was told last week. Despite the government’s efforts to convince...