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Banks allowed to buy dollars from inter-bank

Banks allowed to buy dollars from inter-bank

KARACHI, (MANEND NEWS): In an apparent move to address IMF’s concerns that the government is controlling rupee-dollar exchange rate, Pakistan’s central bank has allowed commercial banks to purchase US dollars from the inter-bank market to

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CJP welcomes AGP’s proposal to review law curtailing powers

CJP welcomes AGP’s proposal to review law curtailing powers

ISLAMABAD, (MANEND NEWS): An eight-member bench of the Supreme Court (SC) indefinitely adjourned proceedings against the Supreme Court (Practice and Procedure) Act, 2023 on Thursday after the government sought time to review the law. Heading

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Dubai ruler reveals plan for mothballed second palm-shaped island

Dubai ruler reveals plan for mothballed second palm-shaped island

DUBAI, (MANEND NEWS): Dubai’s ruler on Wednesday announced a new plan for the Palm Jebel Ali, a man-made palm-shaped island that has been dormant since 2009 following a real estate crash, and is double the

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Pakistan keen to cut a ‘new’ IMF deal

Pakistan keen to cut a ‘new’ IMF deal

ISLAMABAD, (MANEND NEWS): Amid a stalemate on securing a bailout from the International Monetary Fund (IMF), Prime Minister Shehbaz Sharif has informed fund’s Managing Director Kristalina Georgieva about Pakistan’s intention to secure a new bailout.

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