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Bill discounting: still no trust in the Rupee?

Bill discounting: still no trust in the Rupee?

(MANEND NEWS): It seemed that the tough times were over. Just two months ago, foreign bill discounting transactions at commercial banks recorded a stellar rise, increasing by a never-before-seen $71 million between May and June

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Forex reserves rise by $56.4m to $7.7b

Forex reserves rise by $56.4m to $7.7b

KARACHI, (MANEND NEWS): The State Bank of Pakistan (SBP) has reported a 0.74% increase in its foreign exchange reserves on a week-on-week basis, with the total now standing at $7.7 billion. According to data released

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FM Jalil Abbas Jilani underlines the Commonwealth’s role in charting youth

FM Jalil Abbas Jilani underlines the Commonwealth’s role in charting youth

LONDON, Sep 12 (Manend News Desk): The 10th Commonwealth Youth Ministers meeting chaired by Caretaker Foreign Minister Jalil Abbas Jilani has begun in London. Theme of the four day Ministerial meeting is 'Aim Higher, Delivering More

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Forex market has lost its moorings?

Forex market has lost its moorings?

(MANEND NEWS): There was too much chaos in multiple forex markets in the last few days and weeks. It all started with the two IMF (International Monetary Fund) conditions – one, to do away with

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