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CDNS mobilized Rs.255bn savings during July-March ISLAMABAD: Central Directorate of National Savings (CDNS) has achieved Rs 255 billion savings during July 2014 to March 31, 2015 against target of Rs 284 billion."People have shown confidence in the National Savings, when deceptive methods and risk factors are involved in different areas of the market for investors," said Director General Waqar Ahmad,while talking to the APP here on Wednesday.Waqar Ahmad said that CDNS would soon sign an MoU with National Bank of Pakistan (NBP) under National Institute of Facilitation Technologies (NIFT) membership and added that under this facility senior citizen to get their money from NBP under Behbood Saving Certificate.He said that the current situation does not suitable for investment in property and gold and hence, people preferred investing in CDNS."Our institution believes in accountability and transparency methods to prove the confidence of customers."Ahmad said that trends have shifted from short term to medium and long term investment.CDNS ...

SB injects Rs715bn into market KARACHI: State Bank of Pakistan (SBP) on Tuesday injected Rs. 715.4 billion into market for three days during its open market operation.The bids offered for this operation amounted to Rs. 860.9 billion. The rate of return accepted is 7.51 percent per annum, said a SBP statement. Copyright APP (Associated Press of Pakistan), 2015 ...
SBP injects Rs 715bn into market KARACHI: State Bank of Pakistan (SBP) on Tuesday injected Rs 715.4 billion into market for three days during its open market operation.The bids offered for this operation amounted to Rs 860.9 billion. The rate of return accepted is 7.51 percent per annum, said a SBP statement. Copyright APP (Associated Press of Pakistan), 2015 ...
Riazuddin assumes charge as Deputy Governor State Bank KARACHI: Riazuddin on Monday assumed the charge of the office of Deputy Governor (DG), State Bank of Pakistan (SBP).A press release said here that Riazuddin has been appointed as DG, SBP for a period of three years by the Federal Government.Prior to new assignment he was serving as SBP's Chief Economic Advisor, leading its monetary policy group of departments. Copyright APP (Associated Press of Pakistan), 2015 ...
SBP injects Rs 71.85bn KARACHI: State Bank of Pakistan (SBP) on Thursday injected Rs 71.85 billion into market for one day through its open market operation.The rate of return accepted is 7.5 percent, said a SBP statement.Copyright APP (Associated Press of Pakistan), 2015 ...
Pak forex figure $ 16.13109bn KARACHI: Total liquid foreign exchange reserves stood at dollars 16.13109 billion during the week ending March 20, said State Bank of Pakistan (SBP).According to SBP's weekly statement here on Thursday, the foreign reserves with State Bank amounted to $ 11.06703 billion and the net foreign reserves held by other banks amounted to $ 5.06406 billion. During the week, SBP's liquid foreign exchange reserves decreased by $ 159 million to $ 11.067 billion compared to $ ...
SBP injects Rs842.5bn into market KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs. 842.5 billion into market for seven days during its open market operation (OMO).The bids offered for this injection were of Rs. 872 billion. The rate of return accepted is 8 percent, said SBP release here. Copyright APP (Associated Press of Pakistan), 2015 ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln