May 14

FAP suggests incentive to undeclared $3 billion

People have an undeclared amount of $2 billion to $3 billion foreign currency in their homes and personal bank lockers. They want to exchange with Pakistani Rupee (PKR) but due to certain restrictions they are unable to bring it out. The government should provide legal shelter for declaration of concealed dollars, which will help to […]

by Faisal Shah

Pakistan’s forex reserves fall to $16.37 billion

May 12

Finance, Top stories

Pakistan’s forex reserves fall to $16.37 billion

KARACHI: Pakistan’s foreign exchange reserves fell by $177 million to $16.376 billion by week ended May 6, 2022, according to data released by the State Bank of Pakistan (SBP) on Thursday. The foreign exchange reserves of the country were $16.553 billion by week ended April 30, 2022. READ MORE: Pakistan’s forex reserves dip to $16.55 […]

by Faisal Shah

Pakistan’s forex reserves dip to $16.55 billion

May 6

Finance, Top stories

Pakistan’s forex reserves dip to $16.55 billion

KARACHI: Pakistan’s foreign exchange reserves fell by $115 million to $16.553 billion by week ended April 30, 2022, according to data released by the State Bank of Pakistan (SBP) on Friday. The foreign exchange reserves of the country were $16.668 billion a week ago i.e. April 30, 2022. READ MORE: SBP forex reserves shrink to […]

by Faisal Shah

SBP forex reserves shrink to 1.69 months import cover

Apr 29

Finance, Top stories

SBP forex reserves shrink to 1.69 months import cover

KARACHI: The official foreign exchange reserves of State Bank of Pakistan (SBP) reduced to provide only 1.69 months covers for import payment. According to details released by the SBP, the official reserves of the central bank fell by $328 million to $10.558 billion by week ended April 23, 2022 as compared with $10.886 billion a […]

by Faisal Shah

Pakistan forex reserves inch up to $17.045 billion

Apr 21

Finance, Top stories

Pakistan forex reserves inch up to $17.045 billion

KARACHI: Pakistan’s foreign exchange reserves inched up by $17 million to $17.045 billion by week ended April 16, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were at $17.028 billion a week ago. The official foreign exchange reserves of the State Bank also improved by $36 million […]

by Faisal Shah

Pakistan’s forex reserves deplete to $17.03 billion

Apr 14

Finance, Top stories

Pakistan’s forex reserves deplete to $17.03 billion

KARACHI: Pakistan’s total foreign exchange reserves fell by $447 million to $17.03 billion by week ended April 08, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were $17.477 billion a week ago i.e. April 01, 2022. READ MORE: Pakistan’s foreign exchange reserves shrink to $17.48 bn The […]

by Hamza Shah

Pakistan’s foreign exchange reserves shrink to $17.48 bn

Apr 7

Finance

Pakistan’s foreign exchange reserves shrink to $17.48 bn

KARACHI: Pakistan’s foreign exchange reserves have declined to $17.48 billion by week ended April 01, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country fell by $1077 million to $17.477 billion by week ended April 01, 2022 as compared with $18.554 billion a week ago i.e. March 25, […]

by Faisal Shah

Pakistan’s weekly forex reserves deplete by $2.88 billion

Mar 31

Finance, Top stories

Pakistan’s weekly forex reserves deplete by $2.88 billion

KARACHI: Pakistan’s foreign exchange reserves have depleted by $2.88 billion in a week to $18.554 billion by week ended March 25, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were $21.44 billion by week ended March 18, 2022. READ MORE: Pakistan’s foreign exchange reserves fall to $21.44 […]

by Faisal Shah

Pakistan’s foreign exchange reserves fall to $21.44 billion

Mar 24

Finance, Top stories

Pakistan’s foreign exchange reserves fall to $21.44 billion

KARACHI: Pakistan’s foreign exchange reserves have declined by $843 million to $21.44 billion by week ended March 18, 2022, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were $22.283 billion a week ago i.e. March 11, 2022. READ MORE: Pakistan’s forex reserves dip to $22.283 billion The foreign […]

by Faisal Shah

Pakistan’s forex reserves dip to $22.283 billion

Mar 17

Finance

Pakistan’s forex reserves dip to $22.283 billion

KARACHI: Pakistan’s liquid foreign exchange reserves fell by $386 million to $22.283 billion by week ended March 11, 2022 as compared with $22.669 billion a week ago i.e. March 04, 2022, State Bank of Pakistan (SBP) said on Thursday. The official reserves of the State Bank fell by $381 million to $15.831 billion by week […]

by Faisal Shah