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Tag: current account balance

Forex reserves
Business
  • Web Desk Karachi
  • Feb 19, 2025
Pakistan’s current account balances slip into deficit, threatens exchange rate stability

Over the first four months of FY25 (July to October), the SBP purchased $3.8 billion from commercial banks. However, in a recent eight-week period from December 13 to February 7, the central bank’s reserves decreased by $1 billion.

Pakistan broad money supply
Business
  • Web Desk
  • Feb 21, 2024
Interbank closing: rupee gains 6.64 paisa

The Pakistani rupee witnessed a surge of 6.64 paisa against the US dollar (USD) during Wednesday’s interbank session, closing at PKR 279.5.

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