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BUSINESS
DRAP allows direct import of medicines for patients
ISLAMAABAD: September 27, 2022: In a major positive development, the Drug Regulatory Authority of Pakistan (DRAP) has allowed import of medicines for an individual patient.
Under the revised DRAP regulations, any person can import…
SBP advises public not to share personal information on fraudulent calls, messages
KARACHI: September 24, 2022: The State Bank of Pakistan (SBP) and Pakistan Banks Association (PBA) have been continuously advising the general public through consumer awareness messages, press releases, etc. not to share their personal…
No change in dollar rate on Friday
KARACHI: September 23: The dollar mafia seems satisfied to stablise the rupee against US currency at around 239 as there was no change in the party rate in currency market on Friday.
US dollar remained at 239.50 in interbank in the local…
Success of Founder Group result of tireless work; says Mian Akram
ISLAMABAD : September 22,2022: Mian Akram Farid on Thursday said success of Founder Group in Islamabad Chamaber of
Commerce and Industry (ICCI) is result of hard work of its top leadership . He addressed to the newly elected executive…
Dollar goes up further: open market plays role for now
KARACHI: September 19, 2022. On Monday, open market took charge of pushing up US dollar value in Pakistan.
On the first working day of the week (Monday), US dollar appreciated massively against the rupee in open market and it pegged…
Dollar flight goes on; SBP keeps watching Pakistan’s economic devastation ‘plan’
KARACHI: September 16, 2022: US dollar appreciated by another Rs 0.75 in interbank against the local currency to peg at Rs 236.75 on Friday.
In the open market , US dollar remained at last day’s value of Rs 240 in the first session on…
Free fall of rupee continues as SBP stays as mere spectator
KARACHI : September 14,2022: US dollar took another big jump and gained Rs 2 in value term against the rupee on Wednesday .
US dollar appreciated to Rs 234 on Wednesday from Rs 232 of the last working day.
In open market , US dollar…
SBP’s inaction brings Pakistan’s economy into danger zone : wails FPCCI chief
ISLAMABAD: September 12,2022: Federation of Chambers of Commerce and Industry (FPCCI), Irfan Iqbal Sheikh, has emphasized that the government and the State Bank of Pakistan (SBP) should immediately take cognizance of the fact the Pak…
No SBP step insight to check manipulation of currency market as USD keeps ditching PKR
KARACHI: September 9, 2022. US dollar goes unbridled with another jump of Rs 2.75 to appreciate to Rs 228.20 in interbank against the local currency on Friday. US dollar had closed at Rs 225.50 on Thursday .
In the open market , US…
SBP keeps acting as spectator as dollar gets further costly
KARACHI. September 8,2022. US dollar rose to the new level against the local unit as it valued at Rs 225.40 in interbank at the closing of the first session on Thursday.
US dollar had closed at Rs 223.50 at the end of working session on…
