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Daily Archives: December 30, 2021

Govt Raises Rs. 1.26 Trillion from Treasury Bills

The State Bank of Pakistan (SBP) raised Rs. 1.26 trillion against a target of Rs. 1.2 trillion in the most recent treasury bill auction on Wednesday.Despite the big money raise, cut-off yields in the auction had a slight dip in three-month and six-mont...

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PIA is Going Paperless Thanks to PITB

The Punjab Information Technology Board (PITB) and Pakistan International Airlines (PIA) have signed a Memorandum of Understanding (MoU) to implement an e-Filing & Office Automation System (e-FOAS) for the national flag carrier.The MoU was signed b...

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Federal Govt to Bear Reqo Diq Development Costs: PM Khan

The federal government will cover the entire cost of the development of Reqo Diq, which is one of the world’s largest undeveloped copper and gold mines in Balochistan.Prime Minister (PM) Imran Khan tweeted the declaration after criticism from the provi...

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Rupee Posts Highest Ever Recovery After 31 Sessions Against the US Dollar

The Pakistani Rupee (PKR) has finally reversed its losing streak against the US Dollar (USD) and appreciated by 72 paisas against the greenback in the interbank market today. However, it hit an intra-day low of Rs. 178.57 against the USD during today’s...

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