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Pakistan’s foreign exchange reserves stand at US$ 15.96bn

KARACHI: Pakistan's overall foreign exchange reserves were recorded at US$15.96 billion during the week ended on November 8, ARY News reported citing the State...

Workers’ remittances record US$3.1bn inflow during October 

KARACHI: Remittances sent by overseas Pakistanis recorded an inflow of US$ 3.1 billion during October 2024, ARY News reported citing the State Bank of...

Pakistan’s foreign exchange reserves stand at US$ 15.93bn

KARACHI: Pakistan’s total foreign exchange reserves stood at US$ 15. 93 billion during the week ended on 1st November 2024, ARY News reported citing...

SBP can further slash interest rate in November, says Aurangzeb

Finance Minister Muhammad Aurangzeb Wednesday hinted State Bank of Pakistan (SBP) might further slash interest rate in November's Monetary Policy. "SBP has cut its benchmark...

SBP reserves surge above $11bn, highest in 30 months

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by $215 million to $11.022 billion during the week ended on Oct 11. According...

Pakistan’s foreign exchange reserves stand at US$ 16.04bn: SPB

KARACHI: Pakistan’s total foreign exchange reserves stood at US$ 16. 04 billion during the week ended on 4th October 2024, ARY News reported citing the...

IMF tranche boosts Pakistan’s foreign exchange reserves

KARACHI: Pakistan’s total foreign exchange reserves reached US$ 15.98 billion during the week ended on 27th September after receiving the International Monetary Fund (IMF)...

Pakistan’s foreign exchange reserves stand at US$ 14.87bn: SPB

KARACHI: Pakistan’s total foreign exchange reserves stood at US$ 14. 87 billion during the week ended on 20th September 2024, ARY News reported citing the...

Economic red flag: Govt borrowings rise, private sector’s fall

KARACHI: In the first half of 2024, government borrowing increased while the private sector saw a continued decline in borrowing from banks, according to...

SBP announces bank holiday

KARACHI: The State Bank of Pakistan (SBP) has announced a bank holiday on Tuesday on account of Eid Miladun Nabi (PBUH). The State Bank...

Pakistan’s foreign exchange reserves stand at US$ 14.79bn: SPB

KARACHI: Pakistan’s total foreign exchange reserves stood at US$ 14. 79 billion as of September 6, ARY News reported citing the State Bank of...

SBP issues clarification on new currency notes

KARACHI: The State Bank of Pakistan (SBP) on Thursday clarified that winners of the art competition for banknote designs announced on September 5 are...

Pakistan’s total foreign reserves reach $14.74 billion

The total liquid foreign reserves of Pakistan stood US$14.74 billion as of August 30, 2024 while the reserves held by the central bank were...

SBP reveals Rs97bln in dormant accounts

ISLAMABAD: State Bank of Pakistan (SBP) officials have disclosed that Rs97 billion are lying in dormant accounts that have been inactive for the past...

SBP injects Rs966.5 billion into market

KARACHI: State Bank of Pakistan (SBP) injected Rs966.5 billion in the market on Friday through reverse repo purchase and Shariah Compliant Mudarabah based Open...

Pakistan’s foreign exchange reserves stand at US$14.67bn

KARACHI: Pakistan’s total foreign exchange reserves stood at US$ 14. 67 billion as of August 16, showing a slight increase from the previous week,...

SBP injects over Rs900 billion into market

KARACHI: The State Bank of Pakistan (SBP) injected Rs901.6 billion in the market on Friday through reverse repo purchase and Shariah Compliant Mudarabah based...

SBP’s surplus profit exceeds Rs972b in FY2024

ISLAMABAD: The State Bank of Pakistan's surplus profit has exceeded Rs. 972 billion in the financial year 2024, marking an increase of Rs. 601...

Pakistan’s foreign exchange reserves increase to US$14.39bn

KARACHI:  Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by US$ 75 million to US$ 9.1 billion during the...

SBP cuts key policy rate by 100bps to 19.5pc

KARACHI: The State Bank of Pakistan (SBP) on Monday reduced the key interest rate by 100 basis points (bps) to 19.5 per cent from...
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