Pakistan faces a concerning economic setback as official data from the State Bank of Pakistan (SBP) reveals a significant decline of $78 million in the country’s weekly foreign exchange reserves.
(more…)Tag: Foreign Exchange Reserves
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Pakistan’s Forex Reserves Rise by $196 Million Amid Repayments
Karachi, January 25, 2024 – Pakistan’s foreign exchange reserves witnessed a notable surge, recording an increase of $196 million in the week ended January 19, 2024.
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Pakistan Records $112 Million Decline in Forex Reserves
Karachi, January 18, 2024 – Pakistan has experienced a decline in foreign exchange reserves by $112 million on a weekly basis, according to an announcement by the State Bank of Pakistan (SBP) on Thursday.
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Pakistan Witnesses $36 Million Surge in Weekly Forex Reserves
Karachi, January 11, 2024 – Pakistan has experienced a notable increase of $36 million in foreign exchange reserves, reaching $13.257 billion by the week ending January 5, 2024, as reported by the State Bank of Pakistan (SBP) on Thursday.
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SBP Witnesses $1.26 Billion Fortnight Surge in Forex Reserves
Karachi, January 4, 2024 – The State Bank of Pakistan (SBP) has reported a remarkable surge in foreign exchange reserves, with an increase of $1.26 billion in just 15 days.
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SBP Records $852 Million Surge in Foreign Exchange Reserves
Karachi, December 28, 2023 – The State Bank of Pakistan (SBP) reported a significant uptick in its official foreign exchange reserves, recording a noteworthy increase of $852 million for the week ending December 22, 2023.
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Pakistan Witnesses $136 Million Drop in Forex Reserves
Karachi, December 21, 2023 – Pakistan is grappling with a significant setback in its economic landscape as official data reveals a notable decline of $138 million in foreign exchange reserves within a week, primarily attributed to external debt repayment.
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Pakistan’s Weekly Forex Reserves Up by $99 Million
Karachi, December 14, 2023 – Pakistan’s foreign exchange reserves witnessed a notable increase of $99 million in the week ending December 8, 2023, signaling a positive development for the country’s economic indicators.
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Pakistan Records $286 Million Decline in Weekly Foreign Exchange Reserves
Karachi, December 7, 2023 – Pakistan faced a significant setback in its economic indicators as it witnessed a substantial decline of $286 million in foreign exchange reserves for the week ending December 1, 2023.
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Pakistan Sees $91 Million Increase in Foreign Exchange Reserves
Karachi, November 30, 2023 – Pakistan experienced an increase of $91 million in its foreign exchange reserves for the week ending November 24, 2023.
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