SBP reserves drop by $397 million
The State Bank of Pakistan (SBP) announced a significant reduction of $397 million in its foreign reserves. Previously standing at $9.42 billion, the reserves have now decreased to $9.03 billion. On Thursday, the SBP reported that its liquid foreign reserves declined to $9,027.2 million as of July 19, 2024, due
SBP’s foreign exchange reserves increase by $16 mn
The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $16 million every week, reaching $9.4 billion as of July 5, according to data released on Thursday. The country’s total liquid foreign reserves amounted to $14.64 billion, while net foreign reserves held by commercial banks were $5.24 billion. Read
Pakistan’s foreign exchange reserves increased by 1.6mn dollars
WEB DESK: Pakistan’s foreign exchange reserves increased by $1.6 million last week. According to the State Bank of Pakistan, with an increase of 1.6 million dollars, the foreign exchange reserves became 9 billion 10.95 million dollars. Read More: Significant decrease in ghee and oil prices in May Furthermore, as per
Pakistan receives final IMF tranche of $1.1 b amid economic reform efforts
Pakistan is now setting its sights on securing a larger and more extensive EFF under the IMF program to achieve macroeconomic stability.
