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Tag: Total Reserves

remittances
Business
  • Web Desk
  • Dec 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.

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.

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