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Tag: Forex Decline

SBP T bills auction
Business
  • Web Desk
  • Dec 07, 2023
SBP reserves witness weekly dip of $236.8 million

The State Bank of Pakistan (SBP) witnessed a decline in foreign exchange reserves, dropping by $236.8 million, or 3.26 per cent, week over week (WoW), to reach $7.02 billion by the week ending on December 1, 2023.

remittances
Business
  • 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.

remittances
Business
  • Web Desk
  • Oct 26, 2023
Pakistan’s foreign exchange reserves decline by $257.3 million in one week

According to data released by the central bank on Thursday, SBP’s reserves decreased by $219.8 million, marking a 2.85 per cent drop to $7.49 billion. This reduction was primarily due to debt repayments.

SBP T bills auction
Latest
  • Hum News
  • Sep 07, 2023
SBP’s forex reserves under pressure, drop to $7.779 billion amid debt repayments

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