Thursday, 27 January 2022

Tag Archives: SBP

Pakistan allows yuan-based trade with China

KARACHI: Pakistan’s central bank has allowed the Chinese yuan to be used for bilateral trade and investment activities, a move which could replace the US dollar for transactions in the strategic CPEC projects. The State Bank of Pakistan (SBP) said on Monday that all arrangements for using the Chinese currency ...

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India, Bangladesh owe Pakistan Rs 15.25 billion

KARACHI: The federal government has decided to demand its outstanding amount from India and Bangladesh. The State Bank of Pakistan (SBP) has written to all commercial banks and development finance institutions, asking for details of accounts of assets and other dues receivable from the two countries. The purpose is to ...

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