KARACHI: License of Khanani & Kalia Exchange Company, allegedly involved in the country’s biggest financial scam, has been suspended indefinitely from December 10. Talking to newsmen, spokesman of State Bank of Pakistan (SBP), Syed Wasimuddin …

ISLAMABAD: Home remittances by Overseas Pakistanis increased by 100 million dollars following action launched three weeks back against illegal transactions by foreign exchange companies.This was stated by Advisor on Interior Rehman Malik while briefing newsmen …

ISLAMABAD: Pakistan’s Federal Investigation Agency yesterday continued its raids at the main money changers firms, scanned bank transactions and arrested several individuals suspected to be involved in transfer of foreign exchange to foreign countries through …

LONDON: Pakistan does not need to turn to the International Monetary Fund (IMF) for money in the next10 months if the government cuts spending and gets other sources of funding to offset falling reserves, a …