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Tag: Economic Recovery

OMC sales
Latest
  • Web Desk
  • Sep 02, 2025
Pakistan OMCs report 7pc increase in sales in August 2025

This YoY growth in OMC sales was supported by gradual economic recovery and reduced smuggling from Iran, along with decline in petrol prices.

IMF board meeting
Latest
  • Web Desk
  • Apr 05, 2024
IMF Board meeting scheduled for ‘late April’

IMF is gearing up to give Pakistan a financial boost of around $1.1 billion in its final installment of a $3-billion support package.

foreign exchange reserves Pakistan
Latest
  • Web Desk
  • Mar 14, 2024
Pakistan’s foreign exchange reserves surge by $17 million

The State Bank of Pakistan (SBP) witnessed a rise in its foreign exchange reserves by $17 million over the past week.

SBP held foreign exchange reserves
Latest
  • Web Desk
  • Dec 29, 2023
SBP reports notable surge in forex reserves, reaching $7.75 billion

In a notable surge, the State Bank of Pakistan (SBP) witnessed a substantial increase of $852 million in its foreign exchange reserves within a week, reaching a total of $7.75 billion as of December 22, according to data released on Thursday.

Pakistan current account surplus
Latest
  • Web Desk
  • Dec 18, 2023
Pakistan records first current account surplus since June

In a noteworthy turnaround, Pakistan’s current account, after enduring four consecutive months of deficits, reported a surplus of $9 million in November 2023.

SBP monetary policy meeting
Latest
  • Web Desk
  • Dec 12, 2023
SBP keeps policy rate unchanged at 22% amid economic developments

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has resolved to maintain the policy rate at 22 per cent.

remittances
Latest
  • Web Desk
  • Nov 23, 2023
SBP’s reserves decline by $216.7 million amidst debt repayments

In the week concluding on November 17, 2023, the State Bank of Pakistan (SBP) observed a decline in its foreign exchange reserves by $216.7 million, marking a 2.93 per cent decrease compared to the previous week.

Interbank closing SBP rate
Latest
  • Web Desk
  • Nov 21, 2023
Rupee strengthens vs US dollar, closes at PKR 285.79

The Pakistani rupee (PKR) demonstrated resilience against the US dollar (USD), marking 18 paisa gain in Tuesday’s interbank session to settle at PKR 285.79.

PM Kakar IMF
Latest
  • Web Desk
  • Oct 31, 2023
PM Kakar optimistic about IMF review, expects successful conclusion

Caretaker Prime Minister Anwaar ul Haq Kakar expressed optimism on Tuesday regarding Pakistan’s upcoming review with the International Monetary Fund (IMF) scheduled for next month.

SBP T bills auction
Latest
  • Web Desk
  • Oct 23, 2023
State Bank predicts 2-3% GDP growth for Pakistan in FY24

The State Bank of Pakistan (SBP) has projected a GDP growth of 2-3 per cent for the fiscal year 2024, citing a report from the central bank.

Latest

  • Web Desk
  • 2 Hours ago
Pezeshkian praises Pakistan’s mediation push, seeks lasting regional peace
Army chief meets Iranian president, discusses regional stability
  • Web Desk
  • 3 Hours ago
Army chief meets Iranian president, discusses regional stability
Khawaja Asif defends comments on AJK unrest
  • Web Desk
  • 4 Hours ago
Khawaja Asif defends comments on AJK unrest
AJK court restores PTI registration, allows candidates to contest under bat symbol
  • Web Desk
  • 4 Hours ago
AJK court restores PTI registration, allows candidates to contest under bat symbol
US signs off on release of $12bn in Iranian assets, says Qalibaf
  • Web Desk
  • 5 Hours ago
US signs off on release of $12bn in Iranian assets, says Qalibaf
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