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May 11, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Ali Ahmed

SBP's Monetary Policy Committee maintain policy rate at 7pc
Markets

SBP's Monetary Policy Committee maintain policy rate at 7pc

  • On the inflation front, recent out-turns have been on the higher side, primarily due to increases in food prices.
  • As per SBP, exports have recovered to their pre-COVID monthly level of around $2 billion in September and October, with the strongest recovery in textiles, rice, cement, chemicals, and pharmaceuticals.
Updated 23 Nov, 2020 04:08pm
SBP calls on concerted efforts to tackle high digital divide in Pakistan
Business & Finance

SBP calls on concerted efforts to tackle high digital divide in Pakistan

  • The SBP report informed that amid COVID-19 businesses shift towards improving their online presence and as a result, the e-commerce market in FY20 is estimated to have expanded to Rs 234.6 billion, up 55.5 percent on YoY basis.
  • Within the digital payments, ecommerce transactions made via branchless banking channels more than doubled from last year.
Published 21 Nov, 2020 03:09pm
Pakistan Oxygen to build multi-billion Air Separation Unit
Business & Finance

Pakistan Oxygen to build multi-billion Air Separation Unit

  • “We are now pleased to convey that the Board of Directors of the Company in its meeting held on November 20, 2020, has approved an investment plan of about Rs. 6.3 billion to setup the latest and the most energy-efficient Air Separation Unit (the "Plant") in its class,” it said.
Published 21 Nov, 2020 12:27pm
TikTok gives more control to parents
Technology

TikTok gives more control to parents

  • According to details, the new feature introduced by one of the world's most popular video-sharing app has given parents the ability to not only change the app's search and settings, but no stranger will be able to see the posts of their children without their permission.
Published 19 Nov, 2020 11:23am