Islamabad, July 31, 2023 – Pakistan’s Finance Minister, Muhammad Ishaq Dar, announced on Sunday his commitment to raise the nation’s foreign exchange reserves from $14 billion to $15 billion within the next seven weeks.
(more…)Tag: Foreign Exchange Reserves
-
Pakistan Sees $530 Million Decline in Foreign Exchange Reserves
Karachi, July 27, 2023 – Pakistan’s foreign exchange reserves experienced a significant decline of $530 million for the week ended July 21, 2023, according to a report by the State Bank of Pakistan (SBP).
(more…) -
Pakistan’s Foreign Exchange Reserves Surge to $14.07 Billion, Boosted by Foreign Inflows
Karachi, July 20, 2023 – Pakistan’s foreign exchange reserves have experienced a substantial increase, reaching $14.07 billion, thanks to significant inflows from the International Monetary Fund (IMF) and other friendly countries.
(more…) -
Pakistan’s Foreign Exchange Reserves Increase to $9.84 Billion
Karachi, July 13, 2023 – Pakistan’s foreign exchange reserves have increased to $9.84 billion by week ended July 7, 2023, up $93 million from the previous week, according to the State Bank of Pakistan (SBP).
(more…) -
Pakistan’s Foreign Exchange Reserves Surge to $9.746 Billion
Karachi, July 6, 2023 – Pakistan’s foreign exchange reserves have experienced a notable increase of $405 million within a week, according to data released by the State Bank of Pakistan (SBP) on Thursday.
(more…) -
Pakistan Witnesses $477 Million Increase in Foreign Exchange Reserves
Karachi, July 4, 2023: Pakistan’s foreign exchange reserves have experienced a significant increase of $477 million over the course of a week, as revealed by data released by the State Bank of Pakistan (SBP).
(more…) -
Pakistan’s Foreign Exchange Reserves Plunge by $514 Million, Raising Concerns
Karachi, June 22, 2023 – Pakistan’s foreign exchange reserves have experienced a significant decline, dropping by $514 million over the past week, according to the State Bank of Pakistan (SBP).
(more…) -
Pakistan’s Foreign Exchange Reserves Increase by $43 Million
Karachi, June 15, 2023: Pakistan’s foreign exchange reserves saw a modest increase of $43 million for the week ending June 9, 2023, according to the State Bank of Pakistan (SBP).
(more…) -
SBP’s Foreign Exchange Reserves Plummet to $3.912 Billion, Below One-Month Import Cover
Karachi, June 8, 2023: The State Bank of Pakistan’s (SBP) official foreign exchange reserves have dipped below the level of one-month import cover, according to data released on Thursday.
(more…) -
Pakistan’s Foreign Exchange Reserves Decline to $9.513 Billion
Pakistan’s foreign exchange reserves have experienced a decline of $218 million, reaching $9.513 billion by the week ended May 26, 2023, according to a statement by the central bank.
(more…)