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Business

Web Desk
Jul 03, 2025

SBP forex reserves rise by $5.12 b in FY2025

SBP reserves increased by $5.12 billion during the fiscal year 2024-25, according to data released by the central bank.

Business

Web Desk
Feb 28, 2025

Pakistan’s forex reserves decline, says latest report by State Bank of Pakistan

The State Bank of Pakistan (SBP) has reported a decrease in overall foreign exchange reserves on a week over week basis.

Latest

Web Desk
Jan 16, 2025

UAE rolls over $2 billion debt; forex reserves rise

The SBP also notified an increase in Pakistan’s foreign exchange reserves, which rose by $30 million during the week ending January 10, bringing total reserves to $11.72 billion.

Business

Web Desk
Jul 27, 2024

JPMorgan anticipates short-term weakening of Pakistani currency

JPMorgan analysts have projected a potential short-term weakening of the Pakistani rupee (PKR) despite a solid BoP position.

Business

Web Desk
Jul 09, 2024

Interbank closing: PKR gains 10.24 paisa against USD

PKR gained 10.24 paisa against the USD during Tuesday’s interbank trading session, closing at PKR 278.4 per USD.

Business

Web Desk
Jun 12, 2024

Interbank closing: PKR loses 11.07 paisa against USD

In Wednesday’s interbank session, the Pakistani rupee (PKR) experienced a slight depreciation of 11.07 paisa against the US dollar (USD).

Business

Web Desk
Mar 11, 2024

Interbank closing: PKR continues slight depreciation trend

The Pakistani rupee (PKR) experienced a marginal depreciation against the US dollar (USD) during Monday’s interbank session.

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
Mar 01, 2024

Pakistan’s trade deficit shrinks by 13.49%

In a positive turn of events, Pakistan’s trade deficit showed improvement, recording a 13.49 per cent month-on-month (MoM) decline to $1.71 billion in February.