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Karachi: Pakistan’s official foreign reserves have decreased, while the country’s total reserves saw a slight increase. According to the latest data from the State Bank of Pakistan, total reserves rose by $3.72 million by the week ending December 27, reaching $16.4 billion, compared to $16.37 billion in the previous week. The central bank reported a …
Continue reading “Foreign Reserves Decrease, Total Reserves Show Modest Growth”
KARACHI: The State Bank of Pakistan (SBP) reported a drop of $228 million in its foreign exchange reserves, which fell to $11.85 billion during the week ending December 20. This marked the first decline after weeks of consistent increases. The SBP attributed the decrease to external debt repayments. Pakistan faces $26.1 billion in external debt repayments …
Continue reading “SBP Reserves Decline After Weeks of Growth”
The State Bank of Pakistan (SBP) witnessed a significant increase in its foreign exchange reserves this week. According to data released on Thursday, the reserves surged by over $1.1 billion in just seven days. This boost raised SBP’s reserves to $10.7 billion, marking the highest level since April 2022. The main driver of this increase …
Continue reading “SBP Reserves Surge to $10.7 Billion After IMF Loan”
