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Business

Web Desk
Jul 03, 2025

SBP forex reserves rise by $5.12 b in FY2025

SBP reserves increased by $5.12 billion during the fiscal year 2024-25, according to data released by the central bank.

Latest

Reuters
Nov 28, 2024

Turkey works to halt circulation of fake US dollars

Business

Web Desk
Sep 24, 2024

Senate committee questions SBP over fine on commercial banks

The commercial banks had reportedly profited Rs65 billion from the illegal sale of the United States (US) dollars.

Business

Web Desk
Aug 10, 2024

Workers’ remittances from UAE to Pakistan surge by over 93 per cent

Workers’ remittances to Pakistan surged 47.6 per cent YoY in July, reaching $3 billion, up from $2.03 billion in the same month last year.

Business

Web Desk
Jun 27, 2024

SBP-held forex reserves dip by nearly $239 million

The latest data from the State Bank of Pakistan (SBP) revealed a notable decline in the country’s foreign exchange reserves during the week ending June 21, 2024.

Pakistan

Web Desk
Mar 16, 2024

BSF cook apprehended with $70,000 at Torkham

A cook in the official mess of the Border Security Force, Zakriya, was arrested as he attempted to transfer two packets containing US dollars to an unidentified Afghan national at the border zero crossing point.

Latest

Web Desk
Nov 29, 2023

PKR to hit 350 per USD by 2024: Bloomberg

A dollar shortage may also lead to parallel currency markets that emerged last year after the central bank restricted access to foreign currency to preserve dwindling reserves.

Business

Web Desk
Nov 24, 2023

US dollar appreciates against Pak rupee

The Pakistani rupee recorded losses against the US dollar while the currency remained largely stable in the inter-bank market.

Business

Web Desk
Oct 19, 2023

Rupee recovers against US dollar, PSX gains 500 points

Bulls also returned to the Pakistan Stock Exchange (PSX), as the benchmark KSE-100 Index gained nearly 500 points, hovering near the 50,000 level during trading on Thursday.