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Rupee strengthens against dollar
Rupee strengthened against US dollar at Rs174.87 in the inter-bank market
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State Bank reserves soar $1.61b to $17.34 billion
Increase comes on back of receipt of IMF tranche, Sukuk issue
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Pakistan to enter FM 100 index in May
Global investors show willingness to invest in Pakistani businesses
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Bank deposits fall Rs1 trillion in January 2022
Deposits hit all-time high of Rs20.97 trillion in prior month
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Punjab govt focusing on self reliance
Provincial finance minister says business-friendly policies will help achieve it
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Govt mulls over GIDC recovery
May make some adjustment for cess collection in new fertiliser policy
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Cotton sowing area to rise 20%
Per-acre yield and area to be enhanced, South Punjab Agriculture Secretary Saqib Ali Ateel assures farmers.
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IMF programme back on track
Creditor’s board okays four pending reviews of Pakistan’s economy and release of next loan tranche of around $500m
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Pakistan sees 30% growth in Islamic banking assets
Increase in assets, deposits highest since 2015 and 2012 respectively, says SBP