US

SBP reserves rise $84m

字号+ Author:Smart News Source:Sports 2025-01-14 02:12:55 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
  • Rare outburst from Bushra Bibi ruffles many feathers

    Rare outburst from Bushra Bibi ruffles many feathers

    2025-01-14 01:34

  • Pakistan's tax gap has exceeded Rs7tr, reveals FBR chairman

    Pakistan's tax gap has exceeded Rs7tr, reveals FBR chairman

    2025-01-14 01:03

  • Federal Reserve lowers interest rates but signals fewer cuts by 2025

    Federal Reserve lowers interest rates but signals fewer cuts by 2025

    2025-01-14 00:13

  • 'Hard-earned' economic stability to continue on back of remittances, exports: finance ministry

    'Hard-earned' economic stability to continue on back of remittances, exports: finance ministry

    2025-01-13 23:41

User Reviews