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August 22, 2024

IMF expected to approve new loan by September: FinMin Aurangzeb

Finance Minister Muhammad Aurangzeb has announced that the International Monetary Fund (IMF) Executive Board is expected to approve a new programme for Pakistan in September 2024, following ongoing discussions that are progressing positively.

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January 2, 2024

IMF to decide on $700 million tranche for Pakistan next week

The International Monetary Fund has marked Pakistan on its Executive Board’s agenda for January 11, as disclosed on the official IMF website.

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December 14, 2023

SBP reports notable increase in forex reserves

In a notable surge, the foreign exchange reserves held by the State Bank of Pakistan (SBP) experienced an increase of $20.6 million, equivalent to 0.29 per cent WoW, reaching $7.04 billion in the week concluding on December 8, 2023.

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December 7, 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.

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November 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.

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November 22, 2023

Pakistan’s stock market hits new record high, closes at 58,198.76

The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) achieved yet another milestone by closing at a new record high, surpassing the 58,000 mark after a brief period of consolidation in recent trading sessions.