Foreign exchange: SBP reserves up by $107m to $4bn
The State Bank of Pakistan's (SBP) foreign exchange reserves reached $107 million to $4.019 billion in the week ending June ...
Tag: State Bank of Pakistan
$2bn Saudi deposits: Pakistan to pay 4pc annual profit
According to reliable sources, Pakistan would pay Saudi Arabia a 4% annual profit on $ 2 billion in deposits with ...
May-July: govt intends to borrow record Rs9.4trn
In order to meet its increasing financial requirements, a cash-strapped government plans to borrow a record amount of Rs 9.4 ...
Remittances decline 29% to $2.2 billion in April
The State Bank of Pakistan (SBP) has shared data indicating that remittances sent by overseas Pakistanis, which had reached a ...
Bank Loans to State-Run Firms Skyrocket to Rs. 282 Billion
In the first 10 months of the current fiscal year, lending to public sector enterprises (PSEs) reached Rs. 282 billion, ...
SBP Foreign exchange reserves fall by $6 million
The State Bank of Pakistan (SBP) reported a decrease of $6 million in foreign exchange reserves, bringing the total to ...
SBP Provides Clarification on Rs75 Commemorative Banknote Demonetization
State Bank of Pakistan (SBP) Clarifies Rumours Regarding Demonetization of Rs75 Commemorative Banknote In response to the circulating rumors suggesting ...
Reserves held by the SBP have increased to $4.46 billion
As the country attempts to acquire external finance and stay afloat, the State Bank of Pakistan's (SBP) foreign exchange reserves ...
Banks to remain open this weekend to facilitate tax collection
On April 29 and 30, 2023 (Saturday and Sunday), all authorized branches of banks will open and operate with extended ...
Govt’s Bank Borrowings Increase by 182% to Reach Rs. 3 Trillion
Bank lending to the federal government increased by 182% in the first nine months of the current fiscal year, while ...
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