KARACHI: In a statement released, the State Bank of Pakistan (SBP) announced that the foreign currency reserves held by the bank have jumped up by $11million and were recorded at $10.1 billion.
In the past week, the reserves held by the central bank were recorded at $10.0958 billion
The liquid foreign currency reserves of Pakistan was recorded over $16.7 billion, including net reserves held by banks other than the SBP.
In the past year, the International Monetary Fund (IMF) granted two loan tranches worth $991.4 million and $454 million respectively.
In addition, $2.5 billion in inflows from China were recorded that increased the reserves.
The central bank also made a successful foreign debt repayment of over $1 billion on the maturity of Sukuk.
For news and blogs, visit Graana.com.
MELBOURNE — A new analysis by Deluxe Holiday Homes has highlighted significant shifts in Melbourne's…
ANKARA — A devastating fire at the Kartalkaya ski resort in northern Türkiye claimed the…
As Vietnam heads into 2025, the real estate market presents a dynamic mix of challenges…
Dubai’s secondary housing market is predicted to see robust growth in 2025, with demand for…
As Los Angeles County grapples with the aftermath of some of the most destructive fires…
On Friday, Azam Nazeer Tarar, the Minister for Law and Justice, informed the Senate that…