Search Results for 'Pakistan'

Pakistan, China sign currency swap agreement

State Bank of Pakistan (SBP) and People’s Bank of China (PBC) signed the currency swap arrangement in Islamabad, announced the central bank. The agreement was signed by SBP Governor Yaseen Anwar and PBC Deputy Governor DU Jinfu. [...]

Posted On : Dec, 26 2011 | Comments : 0

Pakistan’s currency new low amid rising tensions with US aft...

Pakistan’s rupee headed for the biggest weekly loss in three years and stocks fell as investors shunned the nation’s assets amid mounting tensions with the US. A US-led NATO airstrike killed 24 Pakistani troops on the northwes [...]

Posted On : Dec, 03 2011 | Comments : 0

India charges Pakistani singer with currency violations

Pakistani singer Rahat Fateh Ali Khan and his manager were fined 1.5 million rupees (about 33,259 dollars) each by Indian authorities for carrying undeclared foreign currency out of India, news reports said Sunday. Khan and his ento [...]

Posted On : Feb, 21 2011 | Comments : 0

Fake currency from Pakistan causing a headache to India

Counterfeit currency is becoming a cause for concern in India with fake rupees believed to be printed in Pakistan and then channelled through Dhaka, Bangladesh, and Bangkok, Thailand, into Kathmandu, according to a new report. This [...]

Posted On : Feb, 08 2011 | Comments : 0

Pakistan probes money-change firm

Pakistan says it is investigating the alleged illegal transfer of millions of dollars in foreign currency abroad, as it tackles the financial crisis. The two directors of Khanani and Kalia International (KKI), one of the biggest foreign exc [...]

Posted On : Nov, 10 2008 | Comments : 0

Gangs smuggling Pakistani currency from China busted

The Pakistan Customs have busted gangs involved in the smuggling of currencies, seizing a huge consignment of Pakistani rupee that was being transported from China. A high-level enquiry has been ordered into the illegal movement of currenci [...]