Financial Markets Association issues forward-cover foreign exchange rates for September 30 settlement
The bulletin lists conversion rates for deposits excluding FE-25 accounts, with the US dollar quoted at 277.1236 rupees.
The bulletin lists conversion rates for deposits excluding FE-25 accounts, with the US dollar quoted at 277.1236 rupees.
The market-based scheme offers cash prizes to overseas Pakistanis who send remittances home through official banking channels, according to the Associated Press of Pakistan.

Speaking at a J.P. Morgan conference in London, Senator Muhammad Aurangzeb said Pakistan is moving from economic stabilisation toward investment and private sector-led growth.

Senator Muhammad Aurangzeb and State Bank Governor Jameel Ahmad represented Pakistan at the investment conference, according to the Associated Press of Pakistan.

Prime minister attributes the milestone to central bank foreign exchange purchases rather than new external borrowing.

State Bank of Pakistan attributes reserve growth partly to Eurobond proceeds, according to its latest weekly statement.