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Tag: foreign exchange

SBP reserves
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.

State Bank of Pakistan
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.

JPMorgan on PKR weakening
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.

intraday trading usd to pkr
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.

US dollar to Pakistani rupee intraday
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).

USD to PKR
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.

SBP foreign exchange reserves
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.

Pakistan trade deficit
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.

sales tax on locally made cars
Business
  • Web Desk
  • Feb 16, 2024
PAMA calls for reversal of 25% sales tax hike on locally manufactured cars

PAMA has urged the Caretaker Finance Minister to withdraw the 25 per cent sales tax increase on locally manufactured vehicles.

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