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Tag: Foreign Exchange Reserves

foreign exchange

Weekly Forex Reserves of Pakistan Increase by $57 Million

August 1, 2024August 1, 2024Shahnawaz Akhter

Karachi, August 1, 2024 – Net foreign exchange reserves of Pakistan saw an increase of $57 million on a weekly basis, the State Bank of Pakistan (SBP) announced on Thursday. By the week ending July 26, 2024, the country’s total foreign exchange reserves had risen to $14.392 billion, compared to $14.335 billion recorded the previous […]

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foreign exchange

SBP Reserves Plummet by $397 Million Amid Debt Repayments

July 25, 2024July 25, 2024Shahnawaz Akhter

Karachi, July 25, 2024 – The State Bank of Pakistan (SBP) announced on Thursday a significant drop of $397 million in its official foreign exchange reserves for the week ending July 19, 2024. The reserves declined from $9.424 billion on July 12, 2024, to $9.027 billion by the end of the week.

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foreign exchange

Weekly Forex Reserves Rise by $59 Million: State Bank of Pakistan

July 18, 2024July 18, 2024Shahnawaz Akhter

Karachi, July 18, 2024 – The State Bank of Pakistan (SBP) announced on Thursday that the country’s weekly foreign exchange reserves have increased by $59 million. For the week ended July 12, 2024, the forex reserves rose to $14.704 billion, up from $14.645 billion a week earlier on July 5, 2024.

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foreign exchange

Pakistan’s Weekly Forex Reserves Rise by $72 Million

July 11, 2024July 11, 2024Shahnawaz Akhter

Karachi, July 11, 2024 – Pakistan’s weekly foreign exchange reserves have experienced a notable increase of $72 million, the State Bank of Pakistan (SBP) reported on Thursday. This positive trend is a promising indicator of the country’s economic stability.

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foreign exchange

SBP Reports $494 Million Increase in Weekly Forex Reserves

July 4, 2024July 4, 2024Shahnawaz Akhter

Karachi, July 4, 2024 – The State Bank of Pakistan (SBP) has announced a notable increase of $494 million in its official foreign exchange reserves for the week ending June 28, 2024, reflecting positive inflows from multilateral agencies.

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foreign exchange

Pakistan Records $208 Million Fall in Weekly Forex Reserves

June 27, 2024June 27, 2024Shahnawaz Akhter

Karachi, June 27, 2024 – Pakistan has recorded a fall of $208 million in foreign exchange reserves for the week ending June 21, 2024, according to the State Bank of Pakistan (SBP).

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foreign exchange

Pakistan Witnesses $31 Million Rise in Weekly Forex Reserves

June 20, 2024June 20, 2024Faisal Shahnawaz

Karachi, June 20, 2024 – Pakistan’s foreign exchange reserves saw a noteworthy increase of $31 million during the past week, according to a statement released by the State Bank of Pakistan (SBP) on Thursday.

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foreign exchange

Pakistan Sees $168 Million Rise in Foreign Exchange Reserves

June 13, 2024June 13, 2024Shahnawaz Akhter

Karachi, June 13, 2024 – Pakistan has witnessed increase in foreign exchange reserves by a notable $168 million in the week ending June 7, 2024, according to a statement released by the State Bank of Pakistan (SBP) on Thursday.

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foreign exchange

Pakistan’s Foreign Exchange Reserves Dip by $99 Million

June 6, 2024June 6, 2024Shahnawaz Akhter

PkRevenue.com — Pakistan’s foreign exchange reserves witnessed a decline of $99 million during the week ending May 31, 2024, according to a statement released by the State Bank of Pakistan (SBP) on Thursday.

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foreign exchange

Pakistan Sees $270 Million Fall in Foreign Exchange Reserves

May 30, 2024May 30, 2024Faisal Shahnawaz

PkRevenue.com – In a concerning development for the economy, the foreign exchange reserves of Pakistan have experienced a significant decline.

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