Stories from Salman Siddiqui
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SBP plans steps for boosting exports
Mulls allowing exporters to form joint ventures, acquire warehouses abroad
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Current account: Surplus hits 17-year high
It remains in surplus for third month in a row at $73m in September
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SSGC allowed to lay gas pipeline
Company will complete 17km pipeline in two to three months at cost of Rs2 billion
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Hubco to raise Rs6b via Sukuk
Move comes after delay in payments constrained company’s cash flow
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CDNS receives mere Rs7.28b investment
People invested on average Rs30b per month in last fiscal year
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FDI hits 6-month high at $189m
Inflows remain low compared with average of $200m per month in last fiscal year
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Rupee continues to recover against dollar
Hits 4-1/2-month high, stands at Rs162.86 in interbank market
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Bank lending to consumers picks up
Improvement in bank advances indicates businesses are gradually reviving
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Rupee continues to stay around 4-month high
Better performing economy expected to leave positive impact on currency
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Remittances stay above $2b in Sept
Inflows stand at $2.3 billion during the month, up 31% year-on-year