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Pakistan net foreign investment fall 3.8pc in July-February KARACHI: Pakistan received $615.5 million in foreign direct investment in the first eight months (July-February) of the 2014/15 fiscal year, compared with $640.1 million received during the same period a year earlier.Foreign direct investment fell 3.8 percent during July-February, according to the State Bank of Pakistan.In February 2015, foreign direct investment was $74.9 million. Net foreign direct investment in the fiscal year of 2013/14, which ended in June, was $1.667.6 billion.Copyright Reuters, 2015 ...

SBP to issue Rs 20 commemorative coin on centenary celebrations KARACHI: State Bank of Pakistan will issue Rs 20 commemorative coin on completion of 100 years of Islamia College, Peshawar. These coins will be issued through the exchange counters of all the field offices of SBP Banking Services Corporation from March 16 to comply with Government of Pakistan's decision, said a SBP statement here on Friday.The coin weighs 12 grams with 75 % copper and 25% nickel. Its shape is round with a diameter of ...
SBP injects Rs772.95bn into market KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs. 772.95 billion into market for seven days through its open market operation (OMO). The rate of return accepted is 8 percent, said a SBP release.Copyright APP (Associated Press of Pakistan), 2015 ...
Pak forex surge to $16.28402bn KARACHI: Total liquid foreign reserves of the country increased to dollars 16.28402 billion during the week ending on March 6, from the figure of $16.13606 billion, said State Bank of Pakistan (SBP). According to SBP statement here on Thursday, the foreign reserves held by State Bank amounted $11.27109 billion and the net foreign reserves with other banks were of $ 5.01203 billion. During the week, SBP's liquid foreign reserves increased by $ 65 million to ...
Workers' remittances rise 14.6pc to $11,750.50bn in first eight months of FY15 ISLAMABAD: Overseas Pakistani workers remitted $11,750.50 million in first eight months (July to February) of FY15, showing an impressive growth of 14.6 percent compared with $10,248.17 million received during the same period of FY14.A statement issued by the State Bank of Pakistan (SBP) Tuesday, during February 2015, the inflow of worker's remittances amounted to $1,391.69 million, which is 1.06% higher than January 2015 and 15.04% higher than February 2014.The country wise details for the month ...
SBP injects Rs23.2bn into market KARACHI: State Bank of Pakistan (SBP) on Tuesday injected Rs. 23.2 billion into market for three-day through its open market operation (OMO).The rate of return accepted is 8 percent, said an SBP press release.Copyright APP (Associated Press of Pakistan), 2015 ...
164 properties sealed for non-payment of property tax RAWALPINDI: Excise and Taxation Department has sealed 164 commercial and residential properties here during last two days for non-payment of property tax. According to Excise and Taxation department spokesman, the city has been divided into four sectors and special squads comprising 23 inspectors under the supervision of Excise and Taxation Officer (ETO) Riaz Qureshi, are conducting raids and the properties of tax defaulters are being sealed. He said, on the directives of authorities concerned, now ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln