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Tag Archives: Profit outflow dips 30pc in 10 months

Profit outflow dips 30pc in 10 months


May 31, 2019

KARACHI: Outflow of profits and dividends from the country declined by 30 per cent in the first 10 months of the current fiscal year, according to latest data released by the State Bank of Pakistan (SBP) on Thursday. During the same period, however, rupee’s value also declined by 21.36pc against the greenback amid rising debt financing costs. Outflow of profits …

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