In the past, the central bank would release new currency notes worth millions of rupees before Eid-ul-Fitr. However, since the COVID-19 pandemic, this practice has been discontinued. As a result, Pakistanis have had to make do with worn-out notes for Eid celebrations. Will New Notes be Available this Year? Sources claim that the chances of […]
According to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market, however, stood at Rs 277.50 and Rs 280.25 respectively. The price of the Euro decreased by 32 paise and closed at Rs 299.11 against the last-day closing of Rs 299.43, according to the State Bank […]
Pakistan’s central bank is exploring its own digital coin, the Governor, State Bank of Pakistan Reza Baqir told CNN’s Julia Chatterley on Thursday days after China became the first major economy in the world to create its own digital currency. “We are studying that very carefully,” Baqir said expressing his views on a central bank-issued digital […]