Pakistan Registers $240 Million Increase in Weekly Forex Reserves
Karachi, March 21, 2024 – Pakistan has seen a notable surge in its foreign exchange reserves, recording a $240 million increase for the week ended March 15, 2024.
Karachi, March 21, 2024 – Pakistan has seen a notable surge in its foreign exchange reserves, recording a $240 million increase for the week ended March 15, 2024.
Karachi, 21 March 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 21 March 2024.
Karachi, March 21, 2024 – In a surprising turn of events, the federal government has surpassed its borrowing target by a staggering margin in the Market Treasury Bills (MTBs) auction held on Wednesday, March 20, 2024.
Karachi, March 20, 2024 – The State Bank of Pakistan (SBP) announced on Wednesday that the foreign direct investment (FDI) into the country has witnessed a significant decline of 17.1 percent during the first eight months (July – February) of the fiscal year 2023-24.
Karachi, 20 March 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 20 March 2024.
Karachi – Pakistan’s economic landscape shows promising signs as the country’s Current Account Deficit (CAD) has seen a substantial reduction by 74 percent, dwindling to $999 million during the initial eight months (July – February) of fiscal year 2023-24, according to recent data unveiled by the State Bank of Pakistan (SBP) on Tuesday.
Karachi, 19 March 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 19 March 2024.
Karachi, March 18, 2024 – The State Bank of Pakistan (SBP) has announced the decision to maintain the benchmark policy rate at 22 percent, citing concerns about the risk of inflation uptick in the country.
Karachi, 18 March 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 18 March 2024.
Karachi, March 16, 2024 – Recent speculation regarding the potential introduction of plastic banknotes in Pakistan has been firmly addressed by the State Bank of Pakistan (SBP), which issued a statement on Saturday refuting any such plans.