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Gains of leading businesses reach Rs. 1 trillion
Gains of leading businesses reach Rs. 1 trillion. It was reported that despite a slowing economy and the implementation of the super tax, the top-performing listed companies on the Pakistan Stock Exchange (PSX) reported total net profit growth of 22% to Rs 1 trillion in the fiscal year that ended on June 30, 2022.
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Rollover of a $3 billion deposit for a year is confirmed by the Saudi Development Fund: SBP
The Rollover of a $3 billion deposit for a year is confirmed by the Saudi Development Fund: SBP. It was reported that according to a tweet from the SBP, the deposit was made with the central bank as part of its foreign exchange reserves and was due to expire on December 5. The SBP stated…
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Remittances to Pakistan increased by $2.7 billion in August2022
It was reported that Remittances to Pakistan increased by $2.7 billion in August 2022. The amount of money sent home by Pakistanis living abroad increased to $2.7 billion in August despite a rise in inflation that has driven up living expenses globally in the post-Covid era. According to data released by the State Bank of…
