Pakistan’s Central Bank Says No Restriction on Import of Raw Material Including Pharmaceuticals
Karachi September 13 2022: State Bank of Pakistan denies claims of not opening Letters of Credit (LCs) for essential raw ...
Tag: Letter of Credit
Bangladesh’s Textile Exports May Suffer as Banks Unwilling to Open LCs
September 13 2022: Most commercial banks are avoiding opening letter of credit (LC) under EDF, UPAS and deferred-payment systems for ...
Not in a Position to Allow Opening of LCs without Quota says Pakistan’s Finance Minister
Lahore September 10 2022: Government of Pakistan not in a position to allow opening of Letter of Credits for consumption ...
FX Contract and LCs Payment Soon be Back to Normal says SBP
Karachi August 21 2022: SBP informed that payments under FX contracts and Letter of Credit will soon be back to ...
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