Forex reserves up by $400 million
Due to loan inflows, the country's total liquid foreign exchange reserves increased by $ 400 million in the last week. ...
Tag: State Bank of Pakistan
Current Account Balance (CAB) recorded $654 million surplus in March
In March 2023, the Current Account Balance (CAB) showed a surplus of $654 million, whereas in February 2023, it was ...
SBP Will Not Issue New Currency Notes on Eid ul Fitr
On Thursday, the State Bank of Pakistan (SBP) declared that it will not issue fresh currency notes for Eidul Fitr ...
Golden Jubilee of Constitution: SBP launches Commemorative Coin of Rs50
In order to commemorate the Constitution's promulgation 50 years ago, the State Bank of Pakistan (SBP) will release a commemorative ...
Rupee recovers Rs1.8 against the dollar in the interbank market
On Wednesday, the rupee gained Rs1.81 against the dollar in the interbank market. The State Bank of Pakistan stated that ...
Overseas workers’ remittances up 27.4% MoM, clock in at $2.5bn in March
The inflow of remittances from abroad employees increased significantly in March 2023, reaching $2.5 billion, up 27.4% from $1.98 billion ...
The private sector experiences a 74% decrease in bank lending
Due to an uncertain situation brought on by the ongoing political and economic instability, the private sector is now forced ...
Foreign exchange reserves fell by $36 million to $4.20 billion
The State Bank of Pakistan (SBP) reported on Thursday that its foreign exchange holdings decreased by $36 million to $4.20 ...
Industry Strongly Criticizes 100 Basis Points Increase in Interest Rate
The business community on Tuesday questioned the government's strategy of fighting inflation by jacking up lending rates, saying the move ...
SBP hikes policy rate by 100bps to 21pc to rein in inflation
The State Bank of Pakistan (SBP) has decided to hike the policy rate by 100 basis points to 21 percent, ...
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