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Pakistan’s foreign reserves surge to $23.72 Billion

Pakistan’s foreign reserves surge to $23.72 Billion

KARACHI (Kashmir English): Pakistan’s foreign exchange reserves have increased by $1.21 billion, bringing the total to $23.7158 billion. Official foreign exchange reserves rose by $1.21 billion from foreign commercial loans, reaching $18.23 billion. Data from the State Bank indicates that as of September 4, 2026, the total value of foreign exchange reserves stood at $23.7158

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Govt cuts duty on imported mobile phones by up to Rs4,400

Govt cuts duty on imported mobile phones by up to Rs4,400

ISLAMABAD (Kashmir English):  Pakistan has reduced regulatory duties on imported mobile phones for fiscal year 2026-27, with premium smartphones receiving the biggest relief under the revised tariff structure. The regulatory duty on CBU smartphones valued above $500 has been cut by Rs4,400 per handset, falling from Rs22,000 to Rs17,600, a 20% reduction. The revised rates

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