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Tag Archives: Bank

Weekly Liquid Forex Reserves rise to $16,136.6 million

Advertisements KARACHI: Pakistan’s total liquid foreign exchange (forex) reserves are at $16136.6 million for the week ended on February 27 as compared to $15,943.7 million of the previous week, ended at February 20, as reported by Domestic Markets & Monetary Management Department of the State Bank of Pakistan (SBP). Advertisements During the …

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Banks fined record 2bn pounds over foreign exchange rigging

The corruption of the world’s biggest currency dealers has been spotted with regulators imposing fines of 2bn pounds on five banks for rigging the 3.5 pounds tn a day foreign exchange markets. Fine imposed on Royal Bank of Scotland, HSBC, Citibank, JP Morgan and UBS over past two years for …

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