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FINANCE
Pakistan’s current account ends FY21 in deficit

Pakistan’s current account ends FY21 in deficit

Pakistan’s current account balance reached at a deficit of $1.85 billion in fiscal year 2020-21. Due to jump in imports on account of rise in crude oil prices and vaccine arrivals. Current Account deficit Despite…

MARKETS
State Bank of Pakistan maintains Monetary Policy Rate unchanged at 7pc

State Bank of Pakistan maintains Monetary Policy Rate unchanged at 7pc

The State Bank of Pakistan has announced a new monetary policy and decided to maintain interest rates at 7%. The monetary policy statement issued by the SBP said that the interest rate has been maintained…

MARKETS
Good news: Petrol prices reduced by government

Good news: Petrol prices reduced by government

Good news: PTI government reduced the petrol and diesel prices for fortnight. The petroleum products prices reduced by the federal government on Sunday. PTI government issued a notification through Ministry of Finance, announcing to reduce…

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