Malik Bostan

ECs all praise for army chief
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ECs all praise for army chief

KARACHI: There are reports that exchange companies (ECs) have surrendered $ 20 million to the interbank market...
Updated 08 Sep, 2023 09:34am
ECs lift cap on dollar rate
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ECs lift cap on dollar rate

KARACHI: The Exchange Companies Association of Pakistan (ECAP) has announced removal of price cap on exchange rate...
Updated 25 Jan, 2023 08:51am
PM concerned at PKR slide
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PM concerned at PKR slide

KARACHI: The Prime Minister Shehbaz Sharif has expressed serious concern over the continued slide of Pak Rupee...
Updated 17 May, 2022 09:55am
USD to decline further against PKR; Expert anticipates record Remittances in Eid season
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USD to decline further against PKR; Expert anticipates record Remittances in Eid season

  • “Each month $300 to $400 million dollars are coming into interbank market through exchange companies which have led to the rise in foreign exchange reserves and strengthen the local currency,” he said.
  • Malik Bostan informed that Pakistan has become the fourth largest in terms of remittance inflows, with India at the top followed by China and the Philippines.
Published 13 Apr, 2021 02:11pm