lahore  The Lahore High Court on Tuesday reserved decision on a writ petition seeking recounting of votes in PP-56 of Faisalabad. The petition was moved by Sardar Sikandar Hayat Khan Jatoi who lost the recent elections.The petitioner through his counsel submitted that he had contested the ...

DHAKA :-Bangladesh’s foreign exchange reserves rose for a fifth straight month in April to a record high of $14.83b, the central bank said on Sunday.Strong remittances from Bangladeshis working overseas, rising exports and slower imports helped build the reserves, a senior central bank ...

ISLAMABAD - Pakistan's foreign exchange reserves have recorded at $11.764 billion on April 26 2013.According to the details, country's foreign exchange reserves have declined by $164 million in one week, as it recorded to $11.764 billion on April 26 2013 from $11.938 billion on 19th April 2013. ...

ISLAMABAD - The total liquid foreign reserves held by the country stood at US $11,690 billion. According to a statement issued by the State Bank of Pakistan on Thursday said that upto April 12, 2013 liquid foreign reserves was recorded at US $11.690 billion. Foreign reserves held by the state bank ...

DUBAI (Reuters) - The foreign reserves of Yemen’s central bank shrank by $457 million in February to their lowest level since last August as oil exports from the impoverished Arab country plunged by a third, data showed on Sunday.The Arabian peninsula state, which relies on crude exports to ...

KARACHI  - The total liquid foreign reserves of Pakistan stand at $ 11.758 billion, said State Bank of Pakistan here on Thursday.According to SBP weekly statement, the foreign reserves held by State Bank on April 5, amounted $6,697 billion and the net foreign reserves held by banks other than ...

ISLAMABAD - Pakistan’s foreign exchange reserves have declined to $12.202 billion on March 29, which would further reduce in the last quarter (April to June) of the ongoing financial year 2012-13 mainly due to the repayment to the International Monetary Fund (IMF)The foreign exchange reserves ...

KARACHI - The total liquid foreign reserves held by the country stood at $12,436.1 million on March 15, 2013, said a statement of the State Bank of Pakistan on Thursday.It said the foreign reserves held by the central bank are $7450.5 million. Net foreign reserves held by banks (other than SBP) are ...

ISLAMABAD - Pakistan’s total liquid foreign reserves as on December 28 stood at $13,808.1 million, said SBP on Thursday.The State Bank of Pakistan (SBP), in a statement, said the foreign reserves held by the SBP were $ 9,009.4 million and by other banks $4,798.7 million.

ISLAMABAD - Pakistan’s total liquid foreign reserves as on December 21 stood at $13,378.1 million, said SBP on Thursday.The State Bank of Pakistan (SBP), in a statement, said the foreign reserves held by the SBP were $8,625.7 million and by other banks $ 4,752.4 million.

ISLAMABAD - The country’s gross official reserves may deplete to $8.24 billion by June 2013 which is 28 per cent or $3.2 billion, lower than what has been projected for last financial year 2011-12, said an official.The official said the current account deficit - gap between total foreign ...

ISLAMABAD - The total liquid foreign reserves of the country as on December 14 stood at $13,208.4 million, said the State Bank. According to a statement of the State Bank of Pakistan (SBP), the foreign reserves held by the SBP were $8,587.1 million and the net foreign reserves held by banks (other ...

The Supreme Court on Thursday concluded its hearing in the case pertaining to Compressed Natural Gas (CNG) prices. The ruling in the case is expected to be issued Friday.A two-judge bench of the apex court, headed by Justice Jawwad S. Khawaja, heard the case over CNG pricing formula, a private ...

ISLAMABAD - The total liquid foreign reserves held by the country stood at $14,389.8 million on October 19, 2012, a statement of the State Bank issued on Thursday said. Giving the break-up of the foreign reserves position, the statement said that foreign reserves held by the SBP stood at $ 9,829.4 ...

ISLAMABAD : The total liquid foreign reserves held by the country stood at $14,319.3 million on October 12, a statement of State Bank of Pakistan issued on Thursday said. Giving the break-up of the foreign reserves position, the statement said that foreign reserves held by the State Bank of ...

KARACHI - Country’s foreign exchange reserves have plunged by $ 419 million to more than $ 14.764 billion as on August 24, 2012 on foreign payments.  According State Bank of Pakistan here Thursday, the foreign exchange reserves held by the central bank dropped to $ 10.327 billion while ...

ISLAMABAD - Pakistan’s foreign exchange reserves rose to $16.51 billion in the week ended March 30, from $16.44 billion in the previous week, the State Bank said on Thursday.Reserves held by the SBP rose to $11.84 billion from $11.77 billion a week earlier, while those held by commercial ...

ISLAMABAD - Chief Justice Iftikhar Muhammad Chaudhry on Thursday hearing the case of Pakistan Steel Mills has said that corruption in the PSM has not been established in the forensic audit report besides that the government did not take action against the responsible persons, who sank the ...

ISLAMABAD  – Member of the Science and Technology Planning Commission Dr Samar Mubarakmand said that at least 1000 MWs can be generated out of Thar Coal reserves. Talking to a private news channel, he said that at least, $115 billion were required to materialise this project. He added ...

KARACHI  - Pakistan’s foreign exchange reserves fell to $16.34 billion in the week ended March 2, compared with $16.42 billion in the previous week, the State Bank said on Thursday.Reserves held by the State Bank of Pakistan (SBP) fell to $11.90 billion from $12.06 billion a week ...

KARACHI  - Pakistan’s foreign exchange reserves fell to $16.64 billion in the week ending Feb. 17, compared with $16.77 billion the previous week, the State Bank said on Thursday.Reserves held by the State Bank of Pakistan (SBP) fell to $12.21 billion from $12.29 billion a week earlier, ...

KARACHI  - Pakistan’s foreign exchange reserves rose to $16.77 billion in the week ending Feb. 10, compared with $16.69 billion the previous week, the State Bank said on Thursday.Reserves held by the SBP fell to $12.29 billion from $12.32 billion a week earlier, while those held by ...

KARACHI  - Pakistan’s foreign exchange reserves fell to $16.69 billion in the week ending Feb. 3, compared with $16.87 billion the previous week, the State Bank said on Thursday.Reserves held by the State Bank of Pakistan (SBP) fell to $12.32 billion from $12.52 billion a week earlier, ...

KARACHI  - Pakistan’s foreign exchange reserves rose marginally to $16.87 billion in the week ending Jan. 27, boosted by an increase in commercial bank reserves, from $16.80 billion in the previous week, the State Bank said on Thursday.Foreign exchange reserves hit a record $18.31 ...

MUZAFFARABAD  - A Division Bench of the AJK Supreme Court on Tuesday reserved its judgment in the case of two judges of the AJK High Court who were removed from service. The two removed judges Muhammad Yunus Tahir and Rafiullah Sultani had appealed before the Supreme Court challenging ...

KARACHI  - Pakistan’s foreign exchange reserves fell to $16.80 billion in the week ending Jan 20, from $16.90 billion in the previous week, the State Bank said on Thursday.Reserves held by the State Bank of Pakistan (SBP) fell to $12.55 billion from $12.69 billion a week earlier, while ...

KARACHI  - Pakistan’s foreign exchange reserves eased marginally to $16.90 billion in the week ending Jan. 6, from $16.92 billion the previous week, the State Bank said on Thursday.Reserves held by the State Bank of Pakistan (SBP) fell to $12.82 billion from $12.88 billion a week ...

KARACHI  - Pakistan’s foreign exchange reserves rose to $16.92 billion in the week ending Dec. 30, compared with $16.77 billion the previous week, the State Bank said on Thursday.Reserves held by the State Bank of Pakistan (SBP) were flat at $12.88 billion, unchanged from the previous ...

OUR STAFF REPORTER KARACHI - Sir Syed University of Engineering and Technology Chancellor Engineer ZA Nizami has said that the purpose of the research is to create new knowledge that can be used to improve business. Research is typically not a business or a profit centre but a long term investment, ...

KARACHI (Reuters) - Pakistans foreign exchange reserves inched up to $16.69 billion in the week ending Dec. 9 compared with $16.68 billion in the previous week because of an increase in the reserves of commercial banks, the State Bank said on Thursday. Reserves held by the SBP fell to $12.81 ...