Business
SBP reserves rise $84m
字号+ Author:Smart News Source:US 2025-01-14 19:30:16 I want to comment(0)
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $84 million to $11.258 billion during the week ended on Nov 8, announced the central bank on Thursday. Reports appeared in media suggest the government is still unable to rollover the loans from China, Saudi Arabia and the UAE. The threat of repayment of total $26.2bn in FY25 could not be addressed, so far. The country’s overall reserves stood at $15.965bn, including $4.706bn held by commercial banks.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
2 suspects arrested in Karachi airport attack on Chinese nationals: Sindh home minister
2025-01-14 18:52
-
'Uraan Pakistan': PM Shehbaz links economic prosperity to 'political harmony'
2025-01-14 18:03
-
PM Shehbaz emphasises export-led growth, political stability for economic development
2025-01-14 17:49
-
'Uraan Pakistan': PM Shehbaz links economic prosperity to 'political harmony'
2025-01-14 17:29
User Reviews
Recommended Reads
Hot Information
- Malaysia’s PM Anwar calls for ‘immediate arms embargo’ on Israel to end ‘yearlong genocide’ of Palestinians
- Aerial firing during New Year injures 29 in Karachi
- President, PM express hope for united, prosperous Pakistan in 2025
- PM Shehbaz emphasises export-led growth, political stability for economic development
- Outgoing President Biden to deliver final address on Wednesday
- Remains of four more Pakistanis retrieved in Greek boat mishap
- Prolonged road closures deepen Karachiites misery on day nine of MWM protests
- Aerial firing during New Year injures 29 in Karachi
- Six-canal project to push Sindh towards the edge of precipice, says STP chief
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content