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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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China’s Russian oil imports rise in April | The Express Tribune
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[ad_1] SINGAPORE/BEIJING: China’s crude oil imports from Russia rose 8.6% in April from a year earlier, as larger private refiners also embarked on purchases of the discounted fuel. Arrivals from Russia, including seaborne shipments and supplies via pipelines totalled 7.1 million tonnes or 1.73 million barrels per day (bpd), according to customs data released on…
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Gold continues upward trajectory with Rs1,100 rise
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[ad_1] An undated image of gold jewellery at a store. — AFP/File The rate of gold continued to rise in Pakistan Monday as the international price of the safe-haven bullion also went up. The price of gold (24 carats) increased by Rs1,100 per tola and Rs943 per 10 grams to reach Rs235,100 and Rs201,560, respectively,…
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Forex reserves rise by $394m to $4.4b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank rose by 9.76% on a week-on-week basis to $4.4 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. On April 14, 2023, the SBP’s foreign currency reserves stood at $4,432.5 million, up by $394 million as compared to $4,038.3…
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SBP-held reserves rise to $4.6bn on Chinese loan
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[ad_1] An undated image of a currency dealer holding $100 notes. — AFP The State Bank of Pakistan (SBP)-held foreign exchange reserves maintained their uptrend for the sixth consecutive session, rising $280 million during the week ended March 17. Foreign exchange reserves increased by $280 million to $4.6 billion as of the week ended March…
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SBP-held forex reserves rise to $4.3bn after a meagre increase
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[ad_1] An undated image of a person holding a $100 stack. — AFP/File The State Bank of Pakistan (SBP)-held foreign exchange reserves maintained their uptrend for the second consecutive session, managing to stay above the $4 billion mark. The reserves slightly rose above $18 million, however, the amount is still barely enough to cover one…
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Forex reserves rise to $4.31b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank rose by 0.4% on a week-on-week basis to $4.3 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. On March 10, 2023, the SBP’s foreign currency reserves stood at $4,319.1 million, up by $18 million compared to $4,301 million…
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SBP’s forex reserves rise to $4.3b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank rose by 12.7% on a week-on-week basis to $4.3 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. On March 3, 2023, the SBP’s foreign currency reserves stood at $4,301 million, up by $487 million compared to $3,814.1 million…
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SBP’s forex reserves rise to $3.8b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank rose by 16.5% on a week-on-week basis to $3.8 billion, according to data released by the State Bank of Pakistan (SBP) on Thursday. On February 24, 2023, the SBP’s foreign currency reserves stood at $3,814.1 million, up by $556 million compared to $3,258.5 million on…
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SBP forex reserves register meagre rise
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[ad_1] A person counts $100 banknotes. — AFP/File Foreign exchange reserves held by the State Bank of Pakistan (SBP) registered a meagre rise as the cash-bleeding country tries to woo the International Monetary Fund (IMF) for unlocking a much-needed $1.1 loan tranche. In a statement, the central bank — without mentioning the reason — said…
