Forex
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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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Pakistan’s forex reserves drop to $3.09b | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s foreign exchange reserves held by the central bank decreased by 16.1% to $3.09 billion in the week ending Jan 27, the State Bank of Pakistan (SBP) said on Thursday, which analysts said covers less than three weeks…
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SBP-held forex reserves plunge to $3.7 billion
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[ad_1] A Pakistani dealer counts US dollars at a currency exchange shop in Karachi on October 9, 2018. — AFP/File The State Bank of Pakistan (SBP)-held foreign reserves plunged to $3.7 billion, their lowest in more than eight years, as…
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Pakistan’s forex reserves increase $258m to $4.6bn
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[ad_1] A man counts dollar bills. — AFP The foreign exchange reserves held by the State Bank of Pakistan (SBP) reversed the descending trend and moved up by $258 million to $4.601 billion, the central bank said Thursday, without underlining…
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Forex down to 9-year low at $4.3b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank fell by 22.1% on a week-on-week basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On January 6, 2023, SBP’s foreign currency reserves were…
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SBP-held forex reserves plunge to $4.5 billion: sources
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[ad_1] A person counting dollar bills. — AFP After the repayment of loans to banks in the United Arab Emirates (UAE) totaling $1.2 billion, foreign exchange reserves held by the State Bank of Pakistan (SBP) reduced to just $4.5 billion,…
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Pakistan imports threatened as forex reserves hit eight-year low
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[ad_1] An undated image of the US dollar. — AFP/File KARACHI: Pakistan’s central bank forex reserves have plunged to an eight-year low of $5.6 billion, posing a serious challenge for the country in financing imports. Coupled with another $5.8 billion…
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SBP’s forex reserves continue to decline
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[ad_1] This photo taken on April 22, 2022, shows pounds and US dollar banknotes displayed on a table in London. — AFP The State Bank of Pakistan (SBP)-held foreign exchange reserves suffered a major depletion in the week owing to…
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Debt servicing pushes SBP’s forex reserves to $5.821bn
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[ad_1] A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, on May 19, 2022. — AFP The State Bank of Pakistan (SBP)-held foreign exchange reserves fell to an eight-year low of $5.821 billion after decreasing by…
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SBP forex reserves fall to level less than 40 days of imports
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[ad_1] An undated image of a currency dealer counting $100 notes. — AFP/File The foreign exchange reserves held by the State Bank of Pakistan (SBP) plunged over $500 million to their lowest level since April 2014 during the week that ended…
