SBP
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Foreign exchange: SBP reserves drop $728m to $11.32b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 6.04% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On April 1, the foreign currency reserves held by the SBP were recorded at $11,319.2 million, down $728 million compared with $12,047.3 million on March…
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In a surprise, SBP hikes interest rate to 12.5% | The Express Tribune
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[ad_1] KARACHI: In a surprising move on Thursday, the State Bank of Pakistan hiked the interest rate by 250 basis points to 12.5% citing that outlook for inflation has deteriorated and risks to external stability have risen. The meeting took place 12 days in advance. The State Bank of Pakistan Monetary Policy Committee was scheduled…
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In a surprise, SBP hikes interest rate to 12.25% | The Express Tribune
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[ad_1] KARACHI: In a surprising move on Thursday, the State Bank of Pakistan hiked the interest rate by 250 basis points to 12.25% citing that outlook for inflation has deteriorated and risks to external stability have risen. The meeting took place 12 days in advance. The State Bank of Pakistan Monetary Policy Committee was scheduled…
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KCCI urges SBP to control currency devaluation | The Express Tribune
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[ad_1] KARACHI: The State Bank of Pakistan (SBP) should play its role and devise effective strategy to stop further devaluation of rupee which is having a lethal impact on the economy and the inflation reading, said Karachi Chamber of Commerce and Industry (KCCI) President Muhammad Idrees. In a statement on Tuesday , he expressing deep…
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SBP reserves plunge $2.9b on loan repayment | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 19.5% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On March 25, the foreign currency reserves held by the SBP were recorded at $12,047.3 million, down $2,915 million compared with $14,962.4 million on March…
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Foreign exchange: SBP reserves plunge $2.9b on loan repayment | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 19.5% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On March 25, the foreign currency reserves held by the SBP were recorded at $12,047.3 million, down $2,915 million compared with $14,962.4 million on March…
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SBP steps up efforts to fulfil SDG 2030 Agenda | The Express Tribune
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[ad_1] KARACHI: Pakistan is one of the first few countries that have adopted the SDG 2030 Agenda through a unanimous resolution in parliament, said State Bank of Pakistan (SBP) Governor Dr Reza Baqir. Unveiling a report titled “SDGs and Sustainability Report – Pakistan Banking Sector Perspective” in Dubai, the governor reaffirmed the commitment of the…
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SBP reserves drop $869m to $14.96b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 5.49% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On March 18, the foreign currency reserves held by the SBP were recorded at $14,962.4 million, down $869 million compared with $15,831.6 million onMarch 11.…
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Foreign exchange: SBP reserves drop $869m to $14.96b | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 5.49% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On March 18, the foreign currency reserves held by the SBP were recorded at $14,962.4 million, down $869 million compared with $15,831.6 million on March…
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SBP reserves fall $381m to $15.83 billion | The Express Tribune
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[ad_1] KARACHI: The foreign exchange reserves held by the central bank decreased 2.35% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On March 11, the foreign currency reserves held by the SBP were recorded at $15,831.6 million, down $381 million compared with $16,212.2 million on March…
