Karachi, January 17, 2024 – In a remarkable turn of events, Pakistan has witnessed a substantial contraction of 77% in its Current Account Deficit (CAD) during the first half (July – December) of the current fiscal year, according to data released by the State Bank of Pakistan (SBP).
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Salaried Persons Bank Deposits Surge by Over 20% in 2023
Karachi, January 16, 2024 – Salaried persons in Pakistan have shown a remarkable inclination towards the banking system, as their deposits experienced a substantial surge of over 20 percent in the year 2023.
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SBP Issues Foreign Exchange Rates on January 16, 2024
Karachi, January 16, 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 January 16, 2024.
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Bank Deposits Reach Historic High of Rs 27.84 Trillion in Pakistan
Karachi, January 15, 2024 – In a remarkable turn of events, bank deposits in Pakistan have achieved an unprecedented milestone, reaching a historic high of Rs 27.84 trillion by the end of December 2023, as reported by the State Bank of Pakistan (SBP) on Monday.
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SBP Issues Foreign Exchange Rates on January 15, 2024
Karachi, January 15, 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 January 15, 2024.
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SBP Issues Foreign Exchange Rates on January 12, 2024
Karachi, January 12, 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 January 12, 2024.
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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 Issues Foreign Exchange Rates on January 11, 2024
Karachi, January 11, 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 January 11, 2024.
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Government Bank Borrowing Hits Rs 4.28 Trillion in 1HFY24
Karachi, January 11, 2024 – The federal government has borrowed an unprecedented Rs 4.28 trillion during the first half (July – December) of the current fiscal year 2023-24, marking a substantial surge compared to the corresponding period last year.
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SBP Issues Foreign Exchange Rates on January 10, 2024
Karachi, January 10, 2024 – Today, the State Bank of Pakistan (SBP) unveiled the foreign exchange rates for customers, providing a crucial reference point for cross-border transactions on January 10, 2024.
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