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Pakistan REER rises to 107.92 in August, up nearly 8% in a year
Business

Pakistan REER rises to 107.92 in August, up nearly 8% in a year

The real effective exchange rate edged higher in August, with an analyst warning that sustained real appreciation could pressure exports despite a stable rupee

Pakistan FDI rises 24% to USD 495 million in July-August
Business

Pakistan FDI rises 24% to USD 495 million in July-August

August FDI jumped 80% year over year to USD 316 million, with power and financial business attracting the largest inflows during the month

CAP urges private wheat imports as Pakistan faces 4 million-ton shortfall
Business

CAP urges private wheat imports as Pakistan faces 4 million-ton shortfall

The association says TCP’s 750,000-ton wheat tender may cover only part of the gap as domestic prices rise and private imports could arrive without subsidy

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