reserves
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Foreign exchange reserves decline to $4.09bn as Pakistan considers fresh IMF deal
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[ad_1] $100 bills. — AFP/File Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased to $4.09 billion as the liquidity-challenged country mulls starting a fresh bailout programme with the International Monetary Fund (IMF) programme without completing…
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Forex reserves fall by $119m to $4.19b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank fell by 2.7% on a week-on-week basis to $4.19 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. On May 19, 2023, the SBP’s…
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SBP-held forex reserves drop to $4.2bn
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[ad_1] A Pakistani dealer counts US dollars at a currency exchange shop in Karachi on October 9, 2018. — AFP With the cash-strapped nation failing to secure external financing despite attempts to resume a stalled bailout programme, the State Bank…
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Rupee continues to slide as FX reserves decline | The Express Tribune
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[ad_1] KARACHI: The Pakistani currency faced further depreciation for the third consecutive working day, with the rupee sliding by 0.07% or Rs0.20 against the US dollar in the interbank market, reaching Rs285.82 on Friday. This decline comes as a result…
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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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SBP-held reserves continue downward trend
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[ad_1] US dollar banknotes are seen in this undated file photo. — AFP As the country continues to struggle with its worsening balance of payments crisis, the foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to…
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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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SBP-held reserves register small decrease
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[ad_1] A dealer counts US currency notes at an exchange in Karachi on October 9, 2018. — AFP/File The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a minor drop during the week ending April 28, as the country…
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Currency stabilises as foreign reserves improve | The Express Tribune
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[ad_1] KARACHI: In a positive turn of events, the Pakistani currency experienced a slight uptick of 0.03%, or Rs0.08, reaching Rs283.84 against the US dollar in the interbank market on Friday. This improvement followed the State Bank of Pakistan (SBP)’s…
