SBP Revises Instructions for 200,000 MT Sugar Export

The State Bank of Pakistan (SBP) has revised instructions for the export of 200,000 metric tons of sugar, following confirmation from the Ministry of National Food Security & Research regarding Khyber Pakhtunkhwa (KPK) sugar mills' quotas. Banks are now directed to process export transactions for eligible KPK mills under the specified terms and conditions. This administrative update aims to facilitate sugar exports. While this administrative update supports trade, its direct impact on gold or currency rates in Pakistan is expected to be limited.

بحوالہ / Source: www.brecorder.com