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KARACHI: Foreign companies operating in Pakistan repatriated over two billion dollars on account of profits and dividends during the last fiscal year (FY25), the State Bank of Pakistan reported on Monday. According to the SBP, total profit and dividend repatriation, including return on Foreign Direct Investment (FDI) and Foreign Portfolio
KARACHI: Rupee depreciated further against the US dollar in the inter-bank market as it lost Re0.41 or 0.15% during the previous week. The local unit closed at 284.87, against 284.46 it had closed the week earlier against the greenback, according to the State Bank of Pakistan (SBP). In a key
BEIJING: In a bid to attract investment and strengthen business ties, the Pakistan Embassy in China will organise a matchmaking event between Pakistani and Chinese entrepreneurs in Beijing by the end of next month. “We are expecting 100 to 150 Pakistani business leaders or company representatives to visit China during
KARACHI: The Pakistani rupee remained largely stable against the US dollar in the inter-bank market on Thursday. At close, the currency settled at 284.97, a loss of Re0.01. On Wednesday, the currency settled at 284.96. Internationally, the US dollar was on a fragile footing on Thursday having lost ground overnight
