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Foreign portfolio investment surpasses previous record
Reaches $6 billion; foreigners now hold 34% of free-float.
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Shariah compliant: EFU insurance moves onto Takaful business
Board of directors approve changes in memorandum of association.
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National schemes: Savings mobilisation declines 49% in FY14
Amount to Rs196.4b; analysts explain regression due to high savings recorded in 2012-13.
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People’s perception: Consumers turn pessimistic about economic conditions
SBP-IBA survey reveals decrease in Consumer Confidence Index.
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Corporate results: HBL posts a healthy result
After-tax profit increases 38.6% over comparable period last year.
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Widening gap: SBP tries to get it right with current account data
Says deficit increased to more than $2.92b in 2013-14.
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Monetary policy: SBP keeps interest rate constant at 10% again
Central bank up beat over economy but states challenges remain.
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State Bank keeps monetary policy rate unchanged at 10 per cent
SBP Governor Ashraf Mahmood Wathra says economic conditions at the beginning of 2014-15 are ‘certainly better’.
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SBP becomes member of the ‘typo club’
Releases current account deficit data mistakenly.
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Partition payback: The sixty-seven-year-old I.O.U
India owes Pakistan Rs5.6 billion after 1947 division of assets.