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SBP-held foreign exchange reserves fall for third consecutive week
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[ad_1] A person holds $100 notes in their hand. — AFP/File State Bank of Pakistan (SBP)-held foreign exchange reserves fell for the third straight week due to external debt payment as the South Asian nation fails to acquire external financing…
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Forex reserves fall by $74m to $4.4b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank fell by 1.7% on a week-on-week basis to $4.4 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. On May 5, 2023, the SBP’s…
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Forex reserves fall by $6m to $4.46b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank fell by 0.12% on a week-on-week basis to $4.46 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. On April 28, 2023, the SBP’s…
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International decline, unchanged rupee lead to fall in gold’s value
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[ad_1] A representational image of gold bangles. — AFP/File As the price of gold dropped in the international market and the USD-PKR exchange rate remained unchanged, the precious metal’s value declined in the domestic market on Wednesday. The price of…
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Gold prices fall for second day as rupee appreciates
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[ad_1] Gold jewellery is seen in this iundated photo. — AFP/File Gold prices fell for the second consecutive day on Thursday, as the rupee appreciated against the US dollar in the interbank market. According to the data released by All…
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Forex reserves fall by $354m to $4.24b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank fell by 7.7% on a week-on-week basis to $4.24 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. On March 24, 2023, the SBP’s…
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SBP’s reserves fall by more than $300m to break six-week streak
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[ad_1] A man counts dollar bills. — AFP The State Bank of Pakistan (SBP)-held foreign exchange reserves fell by more than $300 million to break a six-week winning streak as the nation struggles to secure external financing for avoiding a…
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SBP-held forex reserves fall to highly critical level
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[ad_1] A man counts dollar bills. — AFP/File The foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped to a highly critical level as the nation faces severe economic distress and strives to unlock the International Monetary…
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SBP foreign exchange reserves fall to near nine-year low
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[ad_1] In this file photo taken on April 22, 2022 US dollar coins and banknotes are seen displayed on a table, in London. — AFP The State Bank of Pakistan-held (SBP) foreign exchange reserves plummet to a near nine-year low…
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Pakistan’s textile exports may fall ‘below $1b a month’ from 2023 | The Express Tribune
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[ad_1] The All Pakistan Textile Mills Association (APTMA) in a letter to Prime Minister Shehbaz Sharif on Friday warned that the country’s textile exports could fall below $1 billion a month from January 2023 onwards. The letter highlighted a range…
