KARACHI: Pakistan’s total liquid foreign exchange reserves declined to $13.2 billion during the week ending October 24 as compared to $13.464 billion the previous week, said the State Bank of Pakistan (SBP).
The reserves held by the SBP fell by $219 million to reach $8.568 billion from $8.787 billion. While the reserves held by other banks were $4.631 billion as compared to $4.677 billion the previous week.
LAHORE: Pakistan’s exporters have raised concerns over the country’s managed exchange rate policy, arguing that an artificially strong rupee is...
ISLAMABAD: Electricity consumers across Pakistan, including Karachi, could face higher power bills next month as the National Electric Power Regulatory...
KARACHI: The Directorate General of Customs Valuation Karachi has revised customs values for 70 categories of mobile phone accessories after...
ISLAMABAD: Saudi Arabia has deferred the repayment of Pakistan’s $5 billion loan for three years. The SBP officials said that...
