Tag: import payments
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State Bank of Pakistan’s forex reserves decline to $7.02 billion amidst debt repayments
During the week ending December 1, 2023, the State Bank of Pakistan (SBP) witnessed a decline of $237 million in its foreign exchange reserves, bringing the total to $7,020.2 million. This reduction is attributed to debt repayments.
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Pakistan’s forex reserves rebound: SBP gains $77 million in a week
According to data released on Thursday, the State Bank of Pakistan (SBP) witnessed a weekly increase of $77 million in its foreign exchange reserves, reaching $7.26 billion as of November 24.
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SBP reports second consecutive weekly decline in forex reserves
During the week ending on November 17, 2023, the State Bank of Pakistan (SBP) experienced a decline of $217 million in its foreign exchange reserves, settling at $7,180.0 million, as revealed by data released on Thursday.
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State Bank of Pakistan’s forex reserves dip by $220 million in weekly report
The State Bank of Pakistan (SBP) witnessed a notable decline in its foreign exchange reserves, with a weekly reduction of $220 million, bringing the total to $7.5 billion as of October 20th, according to the data released on Thursday.
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Pakistan’s forex reserves surge by $67 million to reach $7.7 billion
The State Bank of Pakistan (SBP) reported a notable weekly surge in foreign exchange reserves, with an increase of $67 million, reaching $7.7 billion as of October 13.
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Pakistan’s foreign exchange reserves increase by $31 million, reaching $7.64 billion
The State Bank of Pakistan (SBP) reported an increase of $31 million in its foreign exchange reserves on a weekly basis, reaching a total of $7.64 billion as of October 6, according to data released on Thursday.
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Pakistan’s forex reserves decline by $59 million to $7.64 billion due to debt payments
The State Bank of Pakistan (SBP) reported a weekly decrease in foreign exchange reserves, with a decline of $59 million, bringing the total to $7.64 billion as of September 22, according to data released on Thursday. The overall liquid foreign reserves of the country amounted to $13.16 billion, with commercial banks holding net foreign reserves…
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IMF loan delay continues to impact Pakistani rupee
During trading on Wednesday, the Pakistani rupee experienced a slight decrease against the US dollar, with a depreciation of almost 0.06 per cent in the inter-bank market. At around 12:45 pm, the currency was being traded at 284.06, which is a decline of Re0.16.