reserves
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Forex reserves dip $125m to $7.93b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) have decreased by 1.5% on a week-on-week basis, reaching $7.93 billion, according to data released by the central bank on Thursday. By the end of the week on August 18, 2023, the central bank’s foreign currency reserves were recorded at $7,930.5…
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Forex reserves rise $12m to $8.1b | The Express Tribune
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[ad_1] KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) have increased by 0.14% on a week-on-week basis, reaching $8.1 billion, according to data released by the central bank on Thursday. By the end of the week on August 11, 2023, the central bank’s foreign currency reserves were recorded at $8,055.3 million,…
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Forex reserves decline by $541m | The Express Tribune
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[ad_1] KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) experienced a significant decline, dropping 6.2% on a week-on-week basis, as reported on Thursday. The reserves reached $8.2 billion on July 21, marking a decrease of $541 million compared to $8.73 billion on July 14, 2023. The central bank attributed this decline…
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India’s forex reserves top $600bn, rise to near 15-month high | The Express Tribune
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[ad_1] MUMBAI: India’s foreign exchange reserves rose for a third straight week and stood at $609.02 billion as of July 14, the highest in nearly 15 months, the Reserve Bank of India’s (RBI) data showed on Friday. The reserves rose by $12.74 billion from the week earlier, the biggest gain in four months. Reserves had…
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SBP reserves shoot past $8 billion mark after nine months
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[ad_1] A currency exchange dealer counts $100 bills in this undated picture. — AFP/File The State Bank of Pakistan (SBP) held reserves shot past the $8 billion mark on Thursday after a gap of nine months as Pakistan received inflows from the International Monetary Fund (IMF), United Arab Emirates (UAE) and Saudi Arabia. As per…
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Foreign exchange reserves rise to $4.4b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) saw a significant surge of 9.6% on a week-on-week basis, as reported by data released by the SBP on Thursday. As of June 30, the SBP’s foreign currency reserves reached $4.4 billion, recording an increase of $393 million compared to $4.06…
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Realisation of $300m loan takes forex reserves past $4bn mark
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[ad_1] A currency exchange dealer counts $100 bills. — AFP/File The forex reserves held by the State Bank of Pakistan (SBP) got a boost after the realisation of a $300 million commercial loan that pushed the money held by central bank past the $4 billion mark. A statement issued by the central bank showed that…
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Rupee consolidates on back of improved reserves | The Express Tribune
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[ad_1] ISLAMABAD: The consolidating Pakistani currency on Friday ticked up 0.06%, or Rs0.18, to Rs287.19 against the US dollar in inter-bank market after the country’s foreign exchange reserves improved slightly. In open market, however, the currency dropped 0.67%, or Rs2, to Rs297 against the greenback, according to the Exchange Companies Association of Pakistan. Accordingly, the…
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Pakistan sees slight rise in forex reserves
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[ad_1] US $100 bills pictured in this undated image. — AFP/File Amid a liquidity crunch being faced by Pakistan, the country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) got a slight boost of more than $100 million. As per a statement issued by the central bank, the country’s total liquid foreign…
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Asif Zardari says will take forex reserves to $100bn
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[ad_1] PPP Co-chairman Asif Ali Zardari addresses a press conference held at CM House in Karachi, on May 11, 2022. — PPI Ex-president Asif Ali Zardari has said that during his time in jail, he read several books on the economy and is confident of taking Pakistan’s dwindling foreign exchange reserves to $100 billion. Zardari,…
