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Latest Pakistan

Web Desk
Oct 03, 2024

Pakistan’s forex reserves cross $10 billion after release of IMF tranche

Country’s total foreign exchange reserves now stand at $15.982 billion, including $5.281 billion held by commercial banks

Business

Web Desk
May 09, 2024

Pakistan’s forex reserves rise to highest level since July 2022

In a notable boost to its foreign exchange reserves, the State Bank of Pakistan (SBP) reported an increase of $1.114 billion on a weekly basis, bringing the total to $9.12 billion as of May 3, according to data released on Thursday.

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.

Business

Web Desk
Jan 19, 2024

SBP reports weekly drop in forex reserves amid debt repayments

State Bank of Pakistan (SBP) witnessed a reduction in its foreign exchange reserves by $127 million, bringing the total to $8,027.4 million.

Pakistan

Web Desk
Nov 30, 2023

SBP reserves increase by $77 million, reaching $7.26 billion in one week

During the week ending on November 24, 2023, the State Bank of Pakistan (SBP) saw a noteworthy increase of $77 million in its foreign exchange reserves, reaching a total of $7.26 billion, as reported in data released on Thursday.

Business

Web Desk
Nov 09, 2023

Pakistan rules out changes to IMF loan programme

Pakistan’s Finance Minister, Dr Shamshad Akhtar, has ruled out any changes to the country’s International Monetary Fund (IMF) loan programme.

Business

Web Desk
Oct 30, 2023

SBP announces to keep policy rate unchanged at 22% amid rising inflation

The State Bank of Pakistan (SBP) has opted to maintain the key policy rate at 22 per cent, according to a press release issued on Monday.

Business

Web Desk
Oct 17, 2023

Pakistan receives $3.52 billion in loans and grants in first quarter of FY24

In the initial quarter of the fiscal year 2023–24, Pakistan acquired a substantial financial boost, garnering a total of $3.52 billion in financial assistance.

Business Pakistan

Web Desk
Oct 05, 2023

Pakistan’s foreign exchange reserves drop by $21 million

The State Bank of Pakistan (SBP) disclosed that the country’s foreign exchange reserves declined by $21 million within a week, reaching $7.615 billion by September 28, according to data released on Thursday.