KARACHI: The total liquid foreign exchange reserves of the country reached $17.749 billion during the week ending May 15 from $17.739 billion of previous week.
According to the State Bank of Pakistan (SBP), its reserves decreased by $38 million to $12.512 billion from $12.550 billion, and the other banks’ holdings were $5.237 billion as compared to $5.189 billion.
During the week, the SBP made payments of $63m on account of external debt servicing, however, no major inflow was recorded.
ISLAMABAD: The federal government led by Prime Minister Shehbaz Sharif has announced a fresh reduction in fuel prices, offering short-term...
ISLAMABAD: The United States has expressed interest in expanding long-term cooperation with Pakistan in the mining and industrial sectors, with...
KARACHI: Gold prices rebounded sharply in both international and local markets after witnessing a significant decline a day earlier. According...
ISLAMABAD: Pakistan’s leading digital microfinance bank, Mobilink Bank, has partnered with Legal Aid Society under its Corporate Social Responsibility (CSR)...
