Forex
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SBP’s forex reserves fall to 8-year low at $6.1 billion | The Express Tribune
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[ad_1] KARACHI: In its latest weekly update on Thursday, Pakistan’s central bank reported the country’s foreign exchange reserves have depleted to $6.11 billion. “During the week ended on December 16, 2022, SBP’s reserves decreased by $584 million to $6,116.2 million…
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Alarming: Forex reserves drop to lowest level since Jan 2019
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[ad_1] An undated image of $100 note. — AFP/File Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell to $6.7 billion, official data released on Thursday showed, as the cash-strapped nation struggles to meet The forex reserves…
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Rupee extends losses as forex reserves continue to deplete
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[ad_1] One dollar notes with the signature of US Treasury Secretary Janet Yellen are unveiled at the Bureau of Engraving and Printing Western Currency Facility on December 8, 2022 in Fort Worth, Texas. — AFP The Pakistan rupee’s rout against…
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Forex reserves plummet below $7bn to four-year low
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[ad_1] A representational image of $100 notes. — AFP/File The State Bank of Pakistan-held foreign exchange reserves plummeted to a critical level after falling 10.45% to $6.7 billion to a four-year low. Data released by the central bank showed that the…
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Forex crunch hits govt’s own transactions | The Express Tribune
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[ad_1] ISLAMABAD: A financial crunch and the paucity of dollars in government coffers is affecting the government’s own business, as the railways ministry complained on Monday of facing difficulties in opening the letter of credit for the import of carriages…
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Forex reserves drop by $327m to $7.49b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank fell by 4.17% on a week-on-week basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On November 25, the foreign currency reserves held by…
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Forex reserves decline by $327m; expected to rise next week after addition of AIIB proceeds
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[ad_1] A representational image of a $100 note and a coin. — AFP/File KARACHI: In line with the dominant trend for the last several weeks, the country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) once again…
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SBP forex reserves tick up $3m to $7.96bn
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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/File KARACHI: State Bank of Pakistan’s (SBP) foreign exchange reserves edged up by $3 million to…
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Debt servicing: SBP-held forex reserves fall to $7.96b
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[ad_1] A Pakistani currency dealer counts US dollars at a currency exchange shop. – AFP/File KARACHI: Pakistan’s central bank registered a reduction of $956 million in its foreign exchange reserves due to debt payments, which fell to $7.96 billion, a statement…
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Forex reserves fall by $956m to $7.9b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank fell by 10.7% on a week-on-week basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On November 4, the foreign currency reserves held by…
