Foreign Exchange
Money Link Exchange Ceases Operations in Pakistan
2 min read
Money Link Exchange has ceased its operations in Pakistan after its license was revoked by the central bank, following the company’s own request. The State…
SECP Flags Unauthorized Trading Platforms Like Quotex
2 min read
The SECP warning against unauthorized trading platforms serves as a critical alert to the public, cautioning investors against engaging with high-risk online investment schemes operating…
SBP Reserves Surge to $11.17 Billion Following Latest Boost
2 min read
The State Bank of Pakistan (SBP) reports a weekly increase of $18 million in foreign exchange reserves, as shown in data released by the central…
Citrus exports can substantially add to Pakistan’s foreign exchange revenue
2 min read
Pakistan continues to be one of the top citrus growing countries in the world. Citrus contributes about 30% to the nation’s total fruit yield. In…
SBP’s liquid foreign exchange reserves reach $12.93 billion – highest since Feb 2018
2 min read
The liquid foreign exchange reserves currently held by the country have increased by 5.62 percent over the previous month according to the stats issued by…
SBP allows IT exporters to keep a major piece of their Foreign Exchange Earnings
2 min read
To encourage IT exporters, the State Bank of Pakistan (SBP) has relaxed up the requirements of keeping up foreign exchange permitting them to hold up…
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