KARACHI: Pakistan’s foreign exchange reserves fell by $117 million or 0.5 percent in the week ended January 07, the State Bank of Pakistan (SBP) said on Thursday.
The forex reserves held by the country stood at $23.901 billion, compared with $24.019 billion in the previous week.
The SBP’s reserves decreased by $88 million to $17.597 billion and the reserves held by commercial banks also saw a decline of 0.5 percent to $6.304 billion.
ISLAMABAD: After National Power Parks Management Company Limited’s (NPPMCL) go-ahead for privatising two state-run...
KARACHI: State Bank of Pakistan has digitised Export Finance Scheme (EFS) and Islamic Export Refinance Scheme (IERS)...
Karachi: Housewife Maira Tayyab has considered begging for money to feed her family in inflation-hit Pakistan, while...
Stocks went into rout on Wednesday as buzz about a number of redemptions in mutual funds, struck investors off guard,...
KARACHI: Foreign currency dealers are flustered by Federal Board of Revenue (FBR) notices, demanding collection of...
After the British divided Pakistan and India more than seven decades ago, Suleman Mohammad Sajjad Warraich’s father...
KARACHI: While offering Thai government's full support, Vietnamese ambassador on Wednesday reiterated it was high time...
LAHORE: No industrial policy in Pakistan would work until all the economic ministries work in cohesion. The Ministries...