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Pakistan, Turkiye at high risk of currency crises

Firm rupee against dollar expected in coming week

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Traders believe that the Pakistani rupee is likely to remain firm against the dollar in the coming week on the matching demand and supply of...
Russian oil freight cost up, as Pakistan eyes cheaper procurement

Russian oil freight cost up, as Pakistan eyes cheaper procurement

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With Pakistan hoping for buying cheaper oil from Russia, there is a bad news for us. Reason? Shipping costs for Russian crude are skyrocketing. This...
Pakistan set to pay $1b sukuk bonds today amid looming default risk

Pakistan set to pay $1b sukuk bonds today amid looming default risk

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Amid reports of one billion US dollar reduction in foreign reserves last month, Pakistan is set to pay a $1 billion sukuk bonds today...
The State Bank of Pakistan says the country’s foreign reserves for the week ending November 25, had decreased by US$ 327 million to US$ 7,498 million

Pakistan’s foreign reserves down by over a billion US dollars in Nov

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The State Bank of Pakistan says the country’s foreign exchange reserves for the week ending November 25, had decreased by $U 327 million to...
Asian markets down as traders wait for US job data

Asian markets down, European shares too are lower

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Following the trend set by the Asian markets on Friday, the investors in Europe were also closely monitored news about China’s Zero-Covid policy and...
Govt meets key IMF demand, doubles petroleum levy on high-speed diesel

Govt meets key IMF demand, doubles petroleum levy on high-speed diesel

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After showing a lot of hesitance, the government went ahead with the increase in the petroleum levy on high-speed diesel to almost double it...
Pakistan rupee up 26 paisa against US dollar in interbank trading

Pakistan rupee up 26 paisa against US dollar in interbank trading

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The Pakistan made gains against the US dollar in interbank trading on a day when the Pakistan Stock Exchange’s bench mark KSE-100 Index also...
FBR ensures record tax collection of Rs2.68tr in five months of FY23

FBR ensures record tax collection of Rs2.68tr in first five months of FY23

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A cash-starved economy received a good news when the FBR on Thursday said it had exceeded the tax collection target set for July-Nov period...
FBR revenue collection, reports about IMF tranche boosts KSE-100 Index

FBR revenue collection, reports about IMF tranche boosts KSE-100 Index

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The FBR’s ability to make record collections in the first five months of FY23 and reports of receiving the latest tranche from IMF boosted...

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