SHANGHAI: China’s central bank set the yuan midpoint <CNY=PBOC> at 6.7562 per dollar on Monday, its strongest level since Nov.4 2016, reflecting the dollar’s broad weakness. Monday’s official guidance was 212 pips or 0.3 percen firmer than the previous session’s fixing at 6.7774 per dollar.
FBR to take emergency fiscal measures to meet annual revenue targets
LAHORE: The Federal Board of Revenue (FBR) has not achieved its revenue collection objectives for the second month in succession,...