Peru’s central bank revises down 2022 growth projection to 3.1% from 3.4%, citing disruptions to mining projects. Peru is the world’s second-biggest copper producer. Protests by indigenous people have disrupted Peru’s mining sector in recent months. Peru’s monetary development will probably be somewhat lower this year, as per another national bank figure on Friday following … Read more
RIYADH: Saudi Arabia’s holding of US Treasury securities decreased by the end of August to $124.1 billion, the lowest since May 2020, Arab News quoted the latest data from the US government. The Saudi holdings in August were down by 3.1 per cent or $4 billion compared to the previous month. The holdings declined by 4.5 per … Read more
The total liquid foreign reserves held by the country stood at US$ 16,988.2 million on 03-April-2020. According to SBP US$ 1880.8 million is decline in the month of March. US$ 18,869.0 million on 28-February-2020. The break-up of the foreign reserves position is Foreign reserves held by the State Bank of Pakistan is US$ 12,757.5 million … Read more
The Sensitive Price Index (SPI) based inflation for combined income group during the week ended on December 5, 2019 has witnessed the scaling down of 0.83 percent against November 28, 2019. It came down from 131.87 points to 130.77 points, according to data released by Pakistan Bureau of Statistics (PBS). According to the PBS, the … Read more
