Tag: US dollars
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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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Record-breaking: Current account experiences surplus of $959m
According to reports, Pakistan’s current account witnessed an increase of $900 million during the first nine months of the current fiscal year (FY) 2020-21. The State Bank of Pakistan (SBP) released new data that shows a surplus of $959 million from July to March 2020-21. The surplus is big in comparison to the account deficit…
