Tag: forex reserves
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Pakistan’s forex reserves surge by $1.17 billion, reaching highest level since April 2022
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $1.17 billion in one week.
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World Bank forecasts 7% growth in Pakistan’s remittances for 2024
Remittance flows to Pakistan are expected to rebound and grow by approximately 7 per cent, reaching $28 billion in 2024, with a further increase of 4 per cent to around $30 billion in 2025, according to the World Bank’s ‘Migration and Development Brief 40’ released on Wednesday.
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SBP-held foreign exchange reserves rise by $15.8 million to $9.11 billion
The State Bank of Pakistan (SBP) reported a modest increase in its foreign exchange reserves, rising by $15.8 million or 0.17 per cent.
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SBP-held foreign exchange reserves rise to $9.14 billion
During the week ending May 10, 2024, the State Bank of Pakistan (SBP) reported a notable uptick in its foreign exchange reserves, marking an increase of $15.2 million or 0.17 per cent week-on-week (WoW), bringing the total to $9.14 billion.
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SBP-held forex reserves rise by $25 million to reach $8 billion
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $25 million on a weekly basis, reaching $8 billion as of April 26, according to data released on Thursday.
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Pakistan’s forex reserves fall by $73.5 million in one week
The State Bank of Pakistan (SBP) reported a significant decline in its foreign exchange reserves for the week ending April 19, 2024, attributing the drop to external debt repayments.
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SBP’s foreign exchange reserves rise by $18.5 million
The State Bank of Pakistan (SBP) saw an increase in its foreign exchange reserves, rising by $18.5 million or 0.23 per cent week over week (WoW), reaching $8.04 billion by the week ending March 29, 2024, according to the latest data released by the central bank on Thursday.
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Pakistan’s forex reserves surge to $8.02 billion, SBP data shows
The latest data released on Thursday revealed a noteworthy surge in the foreign exchange reserves held by the State Bank of Pakistan (SBP), marking an increase of $105 million over the course of a week, reaching a total of $8.02 billion as of March 15.
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SBP sees surge of over $17 million in forex reserves
The latest data released by the State Bank of Pakistan (SBP) revealed a notable rise in the country’s foreign exchange reserves. During the week ending March 8, 2024, SBP’s reserves increased by $17.2 million, marking a 0.22 per cent growth, reaching a total of $7.91 billion.
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Pakistan’s forex reserves dip by $173 million, SBP cites debt repayments
The State Bank of Pakistan (SBP) has reported a decrease of $173 million in its foreign exchange reserves on a weekly basis, revealing a total of $8.04 billion as of February 2, according to data released on Thursday.