Open-market: US dollar trading in range of 320-323 against PKR
The US dollar kept on rising against a declining Pakistani rupee, reaching 323 during open-market trading as the difference with ...
Tag: State Bank of Pakistan
July FDI up 17.3pc to $87.7m YoY
Foreign direct investment (FDI) reached by 17.3 percent year on year in July 2023 to $87.7 million, up from $74.8 ...
IMF Range: Dollar’s Interbank and Kerb Rates Breach 1.25% Margin in Past Five Days
For at least the last five working days, the International Monetary Fund (IMF) structural criterion for keeping the spread between ...
Pakistan’s remittances clock in at just over $2bn in July
The inflow of remittances from abroad employees fell 7.3% month on month to $2.03 billion in July 2023, from $2.2 ...
Intra-day update: Rupee Maintains Stability Against US Dollar
During the first hours of trading on Thursday, the Pakistani rupee stayed mostly unchanged against the US dollar. In the ...
Surplus in Current Account Maintained for Fourth Consecutive Month
According to SBP data released Tuesday, Pakistan's current account produced a surplus for the fourth consecutive month in June 2023, ...
IMF deposits $1.2 billion into SBP’s account: Ishaq Dar
The International Monetary Fund (IMF) has deposited $1.2 billion into the State Bank of Pakistan's (SBP) account, bolstering the cash-strapped ...
Year-on-Year Decline: Pakistan’s Workers’ Remittances Witness a 15.9% Drop in 2022-23
Remittances from Pakistani employees declined 15.9% year on year to $27 billion in FY2022-23 compared to 2021-22. According to figures ...
SBP’s forex reserves rise to $4.46 billion
The State Bank of Pakistan said on Thursday that Pakistan's central bank's foreign exchange reserves climbed by $393 million to ...
Govt debt stocks hit all-time high of Rs59 trillion
Because of extensive borrowing from local and global resources, the federal government's total debt stocks reached an all-time high of ...