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Banking

    SBP tightens access to foreign exchange as dollar reserves drop

    Pakistan’s central bank has increased the amount of red tape needed to access dollars

    Cash is far from dead and use is rising: BIS

    LONDON (Reuters): Even though more people now use cards, mobile phones or even facial recognition technology to pay street performers, buy pizza...

    SECP drafts governance rules to cover Sharia-compliant companies & securities

    KARACHI: Pakistan’s capital market regulator has drafted governance rules that cover sharia-compliant companies and securities, the latest government initiative aimed at developing...

    SBP issues concessionary financing facility for special persons

    KARACHI: The State Bank of Pakistan (SBP) has issued a concessionary small enterprise financing and credit guarantee facility for special persons. SBP Governor Tariq...

    BOP rights share issue: Parliamentary panel drops investigation

    Islamabad: The Parliamentary panel responsible for investigating into allegations of malpractice by the Bank of Punjab (BOP) in its right shares issue...
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