KARACHI: The liquid foreign exchange reserves of the country have increased by $40 million to $23.297 billion by the week ended June 25, 2021, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country stood at $23.257 billion by the week ended June 18, 2021. The official foreign exchange reserves … Read more
KARACHI: The liquid foreign exchange reserves of the country inched up $8 million at $23.586 billion by the week ended June 11, 2021, the central bank said on Thursday. The foreign exchange reserves of the country were at $23.578 billion by the week ended June 4, 2021, it added. Also read: SECP rationalises advertisement requirements for … Read more
Pakistan’s foreign exchange reserves have reached a four-year high, says a special assistant to the Prime Minister on political communication Shahbaz Gill. As per the details, Shahbaz Gill tweeted Friday morning that the reserves have increased to $16 billion. He mentioned the values of foreign exchange reserves in 2008, 2018, and 2021. فارن ایکسچینج ریزرو … Read more
Bankers and money changers have said that if the inflow of foreign exchange through banking channels remained high in September, remittances could increase by up to $2 billion. According to the reports, currency experts say that the inflow of foreign exchange through banking channels is high for at least four reasons, forcing Pakistanis abroad to … Read more
Prime Minister Imran Khan has said that overseas Pakistanis are the most valuable assets of the country and the nation. According to details, a meeting on the country’s economy was held under the chairmanship of Prime Minister Imran Khan. [embedpost id=”50366″ slug=”imran-khan-saved-rs2344-billion-of-poor-people-in-2-years-shibli-faraz”] The meeting was attended by Finance Advisor Dr. Abdul Hafeet Sheikh, Special Assistant … Read more
PTI Government’s efforts to boost the foreign exchange reserves have shown the results as the reserves held by the central bank have shot up to one and a half year, striking the $10-billion mark. The foreign exchange reserves held by the central bank increased 18% on a weekly basis, according to data released by the … Read more
The State Bank of Pakistan (SBP) has enhanced payment limit against freelance services from $1,500 to $5,000 per month, it said in a statement. The measure was taken to broaden the scope of business to customer transactions through home remittance channel. It aims to facilitate freelancers by allowing them to route funds through the economical … Read more
