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Headlines
HeadlinesSBP injects Rs 9.55 trillion into market through OMOs
Rs 9.5 trillion was injected through reverse repo, while Rs 45 billion was injected through Shariah-compliant Mudarabah-based operation
HeadlinesADB approves $400 million loan for Pakistan flood reconstruction
Sindh Emergency Housing Reconstruction Project will rehabilitate flood-damaged houses and community infrastructure and support livelihood recovery
HeadlinesShort-term inflation slightly up as food prices soar
SPI increased by 0.17% WoW, rising to 20.09% YoY for the week ended on July 25, 2024
HeadlinesSBP expected to cut policy rate by 100bps on July 29: report
Brokerage polls forecast a policy rate cut to 19.5% due to an anticipated decline in inflation to 11% by July 2024
HeadlinesTribunal upholds CCP’s penalty against battery makers for deceptive marketing
CCP imposes Rs 1 million fine along with Rs 100,000 daily penalty on Millat Industrial Products Ltd and Century Engineering Industries (Pvt) Ltd
HeadlinesSBP-held reserves decrease by $397 million due to external debt repayments
Total liquid foreign reserves held by the country recorded $14.33 billion as of July 19, 2024.
HeadlinesBusiness owners grill govt over economic mismanagement resulting in rising inflation
HeadlinesIMF set to approve $7 billion bailout for Pakistan in August
HeadlinesWafi Energy Holding announces public offer to acquire additional shares of Shell Pakistan
Wafi Energy Holding seeks to acquire up to 24.16 million shares, expanding its stake in Shell Pakistan to 11.29%.
HeadlinesSBP sells Rs481 billion in T-Bills amidst lower yields
Record bids received in latest MTB auction; PIB Floating Rate Bonds realized Rs170.46 billion
World Business NewsPandemic Fund kickstarts resource mobilisation with $667 million from the US
Germany also pledges $54 million on margins of G20 Finance Ministers’ meeting
