Tue, 21-Oct-2025

State Bank of Pakistan reports $20 Million increase in foreign reserves

State Bank of Pakistan reports $20 Million increase in foreign reserves

KARACHI: Pakistan’s total liquid foreign reserves reached $19,810.4 million as of October 3, 2025, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday. The central bank reported that its own reserves stood at $14,420.1 million, while commercial banks held $5,390.3 million during the same period. During the week ending … Read more

Sri Lanka hikes rates as economy risks collapse

economy collapse

COLOMBO – Sri Lanka’s central bank hiked interest rates by one percentage point on Friday and urged the government to increase taxes as the country skirts economic collapse. The troubled South Asian island nation is in the grip of a severe foreign exchange crisis that has led to acute shortages of food, fuel, medicines and … Read more

Pakistan’s forex reserves fall $1.642 billion to $24.327 billion

AUD to PKR

KARACHI: Pakistan’s liquid foreign exchange reserves fell massively by $1.642 billion by the week ended October 15, 2021, compared with the previous week, the central bank reported. The country’s foreign exchange reserves fell to $24.327 billion by the week ended October 15, 2021, compared with $25.969 billion a week ago. The official foreign exchange reserves … Read more

State Bank to receive IMF loan worth $2.77 billion on August 23: Tarin

Finance Minister Vows To Make E-commerce More Sustainable Through Digitization

ISLAMABAD: The central bank will receive the International Monetary Fund’s (IMF) unconditional loan worth $2.77 on August 23, 2021, a senior government official said on Thursday. In a hurriedly called press conference, Finance and Revenue Minister Shaukat Tarin said that the IMF has approved the largest-ever distribution of monetary reserves of $650 billion to boost … Read more

Pakistan’s forex reserves hit record high of $24.41 billion

foriegn reserves

KARACHI: The liquid foreign exchange reserves of the country increased $1.12 billion to hit a record high of $24.415 billion by the week ended July 2, 2021, the central bank reported on Thursday. Previously the foreign exchange reserves touched the level of $24.14 billion in October 2016. The foreign exchange of the country stood at … Read more