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Tag: Forex

National Bank of Pakistan foreign exchange rates
Business
  • Web Desk
  • Aug 11, 2025
NBP releases benchmark forex rates for market trading

On Monday, the NBP released its latest foreign exchange rates, offering a snapshot of currency valuations for the day’s trading activity.

mangoes exports
Business Pakistan
  • Syed Raza Hassan
  • May 22, 2025
Pakistan eyes 125,000 tons mango $125m in export revenue

If the mangoes export target is achieved, the country could earn an estimated $100 million in foreign exchange.

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.

SBP
Business
  • Web Desk
  • Nov 08, 2024
SBP reports 6.7pc increase in remittances in Oct 2024

According to SBP data, most remittances came from Saudi Arabia, United Arab Emirates, the United Kingdom, and the United States.

US dollar in Pakistani rupees
Business
  • Web Desk
  • Jul 10, 2024
Interbank closing: PKR loses 11.05 paisa against USD

PKR experienced a slight depreciation of 11.05 paisa against the USD during Wednesday’s interbank trading session.

SBP forex reserves
Business
  • Web Desk
  • May 16, 2024
Pakistan’s forex reserves surge by $15 million

The latest data released by the State Bank of Pakistan (SBP) reveals a notable increase in the country’s foreign exchange reserves.

foreign exchange reserves Pakistan
Business
  • 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.

exchange rate new mechanism in Pakistan
Business
  • Web Desk
  • Dec 28, 2023
ECAP adopts SBP-directed mechanism for issuing exchange rates

Exchange Companies Association of Pakistan (ECAP) has implemented a new mechanism for determining the exchange rates of foreign currencies.

freight charges
Business Pakistan
  • Shahzad Paracha
  • Dec 21, 2023
Pakistan bears $1.5m losses per month in meat exports to UAE

The Minimum Export Price (MEP) established by the All Pakistan Meat Exporters & Processors Association comprises the value of meat along with freight charges. Remittances for meat exports to the country are received based on the Cost and Freight (C&F) value.

US dollar to Pakistani rupee interbank closing
Business
  • Web Desk
  • Dec 15, 2023
Interbank closing: PKR closes week at Rs283.26 per USD

In a noteworthy development, the Pakistani rupee (PKR) demonstrated resilience by appreciating over 61 paisa against the US dollar (USD) this week.

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