Foreign exchange rates in Pakistan for today, December 18, 2024 – Trendy Blogger
The Exchange Rates Committee of Pakistan Financial Markets Association issued the following exchange rates bulletin on Wednesday.
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The Securities and Exchange Commission approves the 2024-2026 strategic action plan to develop Islamic finance in the non-banking financial sector – Trendy Blogger
IslamabadThe Securities and Exchange Commission of Pakistan (SECP) has approved its strategic action plan for 2024-26, which aims to promote the growth and development of Islamic finance in the non-banking financial sector. According to details, the plan has been formulated by the Supreme Committee of the Securities and Exchange Commission of Pakistan, headed by Mr. … Read more
Foreign exchange rates in Pakistan for today, December 9, 2024 – Trendy Blogger
The Exchange Rates Committee of Pakistan Financial Markets Association issued the following exchange rates bulletin on Monday.
NPPMCL urges SBP to release foreign currency in exchange for maintenance payments – Trendy Blogger
National Power Parks Management Company (Private) Limited (NPPMCL), a government-owned independent power producer (IPP), has invited the State Bank of Pakistan (SBP) to approve the transfer of US$4.7 million to General Electric (GE) for… Maintenance work. Of power plants powered by liquefied natural gas (RLNG). According to media reports, the payment delay is due to … Read more
Pakistan poised to lead Shariah-compliant finance: Chairman, Securities and Exchange Commission of Pakistan – Trendy Blogger
Islamabad: Chairman of the Securities and Exchange Commission of Pakistan (SECP), Akif Saeed, highlighted Pakistan’s potential to become a global leader in Shariah-compliant finance. Speaking at a press conference, he revealed that the compliance rate in Pakistani capital markets had reached 90%, in line with international standards. The announcement came ahead of the 2nd International … Read more
In 2000, the Securities and Exchange Commission issued an order. It has taken IHC 24 years to support it – Trendy Blogger
Victories by the Securities and Exchange Commission of Pakistan (SECP) are few and far between when it comes to capital markets. When they end up with a win in their column, it’s cause for celebration. Even if it comes 24 years after the original order was issued. This is exactly what happened earlier this month, … Read more
Foreign exchange rates in Pakistan for today, November 27, 2024 – Trendy Blogger
The Exchange Rates Committee of Pakistan Financial Markets Association issued the following exchange rates bulletin on Wednesday.
The Reserve Bank of Pakistan revealed that Pakistan’s foreign exchange reserves fell to $15.93 billion – Trendy Blogger
Pakistan’s total liquid foreign reserves fell to $15.93 billion as of November 1, 2024, representing a decline from the previous week’s $16.05 billion, according to recent data released by the State Bank of Pakistan (SBP). The latest figures show that the State Bank of Pakistan holds $11.17 billion of the total, while commercial banks hold … Read more
SBB expects foreign exchange reserves to rise to $13 billion by the end of the current fiscal year – Trendy Blogger
State Bank of Pakistan building in Karachi. – Application/File KARACHI: Despite difficult conditions, Pakistan’s external account has improved significantly since October 2023, State Bank of Pakistan Governor Jamil Ahmed said. Hence, the Central Bank Governor expects the country’s foreign exchange reserves to reach $13 billion by the end of the current fiscal year. This came … Read more