Key industries including textile, chemicals, pharma and electrical machinery see inflows jumping 50-800pc.
The central bank reported that the current account deficit in March was at $822 million compared to $278m in February.
The returns offered in 2014 on the five-year bonds were at 7.25 per cent which were considered too high.
The budgetary borrowing rose to Rs876 billion from July to April 5.
KARACHI: The country received $16.096 billion in remittances during the first nine months of this fiscal year, ...
Islamic financing kept focus on textile, energy sectors.
Dealers say exchange rate hits Rs148 amid shortages.
“The SBP told us not to charge more than one per cent over the interbank rate,” says a dealer.
Discount rate up to 10.75pc
Second quarterly report paints picture of slowing economy, rising inflation, persistently high fiscal and external
US dollar reaches Rs140.50 in interbank market; open market trades at Rs141.
SBP reports that CAD came out at $356 million, down from $873m in January.
KARACHI: Noor Financial Investment, a Kuwait-based company, sold 34.3 million shares in Meezan Bank, reducing its...
Since the beginning of 2018-19, remittances have been on an upward trajectory.
The jump in borrowing comes at a time when SBP has raised interest rates to 10.25pc from 5.75pc in January 2018.
“Now there is no shortage of dollars since demand is at its lowest level," says the Forex Association of Pakistan.
Move will allow monitoring of business activities of new account holders.
KARACHI: The repatriation of profit and dividends declined 33 per cent to $918 million during the first seven months...
Seven-month CAD shrinks 16pc; decisive actions are paying off, claims FM.
The data shows that the country received investments worth $1.451bn during the first 7 months of current fiscal year.