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Status quo: SBP keeps policy rate unchanged at 6.5%
Decision to keep rate flat based on sharp decline in CPI inflation.
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Monetary policy: SBP keeps ‘target rate’ unchanged
The policy rate of 6.5% now represents the newly introduced ‘target rate’ as opposed to the discount rate of 7%
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Price hits five-year low: All that glitters could now be gold
Jewellers association chief says people making the switch from artificial to real metal
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2014-15: Current account deficit shrinks by $850m
CSF, worker remittances and reduction in oil import bill labelled as reasons
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Driving away foreign investment with deadly attacks
Studies suggest slight uptick in risk of terrorism can lead to reduction in FDI
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Cleaning up: Default by broker leaves many problems for regulators
Victims ask authorities to provide some relief regarding CGT collection
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Breaking rules: KSE suspends Aziz Fida Husein and Company
Order will make accounts inaccessible for 14 days, followed by suspension of certificate.
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Pakistan pockets remittances amounting to $18.4b
Increase 16.5% year-on-year; June’s tally 9.5% higher
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Remittances up by 16.5% in 2014-15
Overseas Pakistanis sent remittances amounting to $18.4 billion in 2014-15
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KASB Corporation: A slow and painful dismemberment
Regulatory action against KASB Bank started decay of conglomerate