US

SBP reserves rise $84m

字号+ Author:Smart News Source:Business 2025-01-13 14:55:47 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
  • Rally rejects ‘six canals’, corporate farming initiatives

    Rally rejects ‘six canals’, corporate farming initiatives

    2025-01-13 13:56

  • Bangladesh new books say Ziaur Rahman, not Mujibur Rahman, declared independence

    Bangladesh new books say Ziaur Rahman, not Mujibur Rahman, declared independence

    2025-01-13 13:48

  • India linked to Maldives opposition's Move to oust President Muizzu: report

    India linked to Maldives opposition's Move to oust President Muizzu: report

    2025-01-13 13:45

  • World welcomes 2025 after dramatic year of politics, sports

    World welcomes 2025 after dramatic year of politics, sports

    2025-01-13 12:51

User Reviews