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Business

Web Desk
May 23, 2024

SBP-held forex reserves increase by $21.5 million

The State Bank of Pakistan (SBP) reported a rise in its foreign exchange reserves by $21.5 million, marking a 0.24 per cent week-on-week increase, bringing the total to $9.16 billion as of May 17, 2024.

Business

Web Desk
Mar 07, 2024

SBP’s foreign exchange reserves dip by $54 million

State Bank of Pakistan has reported a decrease of $54 million in its foreign exchange reserves for the week ending March 1, 2024.

Business

Web Desk
Feb 24, 2024

Pakistan borrows $6.3 billion in seven months

Pakistan borrowed $6.306 billion in the first seven months of fiscal year 2023–24, surpassing the $6.134 billion borrowed last year.

Business

Web Desk
Feb 22, 2024

Profit rates reduced for National Savings Schemes

The caretaker government has taken measures to adjust the interest rates on various national savings schemes.

Business

Web Desk
Feb 10, 2024

SBP reports $173 million weekly dip in forex reserves

SBP reported a decline of $173 million in its foreign exchange reserves over the course of the week, reaching $8.04 billion as of February 2.

Business

Web Desk
Jan 20, 2024

Pakistan’s trade deficit drops 35.7%

Pakistan’s trade deficit for the month of December showed significant improvement, according to revised data released by the PBS.

Business

Web Desk
Jan 19, 2024

SBP reports weekly drop in forex reserves amid debt repayments

State Bank of Pakistan (SBP) witnessed a reduction in its foreign exchange reserves by $127 million, bringing the total to $8,027.4 million.

Pakistan

Web Desk
Nov 30, 2023

SBP reserves increase by $77 million, reaching $7.26 billion in one week

During the week ending on November 24, 2023, the State Bank of Pakistan (SBP) saw a noteworthy increase of $77 million in its foreign exchange reserves, reaching a total of $7.26 billion, as reported in data released on Thursday.

Business

Web Desk
Nov 29, 2023

Pakistan Stock Exchange halts winning streak, closes losing 228 points

In today’s trading session, the Pakistan Stock Exchange’s benchmark KSE-100 Index experienced a correction, marking a deviation from its seven consecutive sessions of gains.