Morning News: Pakistan, Kazakhstan agree to raise trade to USD 1bn – By Alpha-Akseer Research
- Pakistan and Kazakhstan on Wednesday agreed to strengthen bilateral trade, investment, and regional connectivity, with a goal of raising trade to USD 1bn within two years and advancing a multi-country transport corridor linking Central and South Asia.
- In the first auction after a surprise status quo in the monetary policy, the cut-off yields on the treasury bills were increased on Wednesday by up to 39 basis points, bringing the returns close to the State Bank’s policy rate of 10.50 per cent.