Tag: Financial Report
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Indus Motor Company invests Rs3 billion to boost local auto production
In a significant move within Pakistan’s automotive sector, Indus Motor Company Limited (INDU) has greenlit an investment of approximately Rs3 billion (around $10.76 million) aimed at bolstering the localization of production.
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State Bank of Pakistan reports $21 million decline in forex reserves
Pakistan’s total liquid foreign reserves reached a sum of US$ 13,030.8 million, with the central bank holding reserves amounting to $7,615.4 million, as reported by the State Bank of Pakistan (SBP).