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GCHF
Gatwala Commercial Hub , Faisalabad is Punjab’s biggest and Pakistan’s second largest mixed use, real estate project. It has a covered area of over 3.1 million sq. ft.

This mega project, designed and developed by Shah Nawaz Associates, is located, at the junction of Canal Expressway and Lahore Sheikhupura Road. The road in front of the GCH project, has an average traffic count of 30 vehicles per minute. become, the city’s next mega center for trade, commerce, industries as well as residential projects.

 

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Pakistani rupee appreciates, closes at Rs161.73/US$

ISLAMABAD: The Pakistani rupee appreciated against the US Dollar, closing at Rs161.73/US$.

The price of the dollar is likely to depreciate more, as a result of an increase in remittances and a drop in imports.

For the first time in almost five months, the dollar dropped to a value Rs161.37/US$.

The appreciation of the rupee comes a day after the SBP announced a record surplus worth Rs79 792 million, in the current account in the first quarter of the fiscal year (July-Sep FY21).

Currently, the foreign exchange reserves held by the central bank have surged to $12.066 billion, whereas the foreign exchange held by the commercial banks’ amounts to $7.235 billion, reported the State Bank of Pakistan (SBP).

 

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