Pakistan’s foreign exchange reserves increased $162 million to $8.702 billion. State Bank of Pakistan (SBP) improved $275 million to $3.192 billion. The foreign exchange reserves held by the central bank witnessed a record high of $20.146 billion. KARACHI: Pakistan’s foreign exchange reserves inched up at $8.702 billion by the week ended February 10, 2023, the … Read more
KARACHI: Pakistan’s foreign exchange reserves dropped $255 million to reach $24.019 billion during the week ended December 31, 2021, the State Bank of Pakistan (SBP) reported on Thursday. The foreign exchange reserves of the country were recorded at $24.274 billion a week ago. The official foreign exchange reserves of the central bank fell $170 million … Read more
KARACHI: Pakistan’s foreign exchange reserves have increased $2.652 billion to $25.151 billion by the week ended December 3, 2021, the State Bank of Pakistan (SBP) said. The country’s foreign exchange reserves stood at $22.499 billion by the week ended November 26, 2021. The official reserves of the State Bank of Pakistan (SBP) increased $2.648 billion … Read more
KARACHI: The Kingdom of Saudi Arabia has agreed to restart providing oil aid to Pakistan worth at least $1.5 billion annually from July 2021, which analysts believe would provide the much-needed support to the current account, and help stabilise the rupee. The Saudi offer is less than half of the previous oil facility of $3.4 … Read more
