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Foreign Exchange

Overseas Pakistani's

FUNDS SENT BY OVERSEAS PAKISTANIS CROSSES $200 MILLION

FUNDS SENT BY OVERSEAS PAKISTANIS Prime Minister Imran Khan on Thursday said that funds sent by overseas Pakistanis through Roshan Digital Accounts, crossed $200 million yesterday. State Bank of Pakistan launched Roshan Digital Accounts. "The pace is accelerating," PM Imran said. " First $100 million came in 76 days. In addition, the next $100 million came in only 28 days." Moreover, calling them a...

Gas pipeline

WORK ON 1100 KM LONG GAS PIPELINE TO START NEXT YEAR

GAS PIPELINE Work on 1100 km long gas pipeline to be started next year. Special Assistant to the Prime Minister on Petroleum Nadeem Babar said that construction work on the 1100-kilometre Pakistan Stream Gas Pipeline Project will begin in July next year. The Government has taken this step to transport liquefied natural gas (LNG) from Karachi to Lahore. In an interview, Nadeem Babar said that...

Apartment living

LUXURIOUS APARTMENT LIVING

1. INTRODUCTION TO APARTMENT LIVING Choosing a place to live comes with many big decisions, but deciding on the type of housing that fits your needs and lifestyle is the first step. Recently, the trend of apartment living has increased.Many people like the convenience and flexibility of living in an apartment, especially if they are new to a city or don't want the financial responsibility of owning a home...

foreign exchange

MARKET-BASED EXCHANGE RATE SYSTEM;STATE BANK’S FOREIGN RESERVES HAVE RISEN TO 12.9 BN

EXCHANGE RATE SYSTEM Pakistan's exchange rate is a "market-based exchange rate system" that follows supply and demand, but State Bank can not leave it entirely to the market, Raza Baqir said in his first press conference as State Bank of Pakistan (SBP) governor. 'So, if there is volatility, then the State Bank intervenes. You need to keep a close eye on the market. That is our regime, and we want to go...

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