Pakistan’s foreign exchange reserves held by the State Bank dropped sharply by $2.65 billion due to external debt repayments. Despite the fall, the country received new commercial and multilateral loans …
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debt repayments
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Economy
SBP Maintains 22% Interest Rate for the Fifth Consecutive Meeting
by Hamza Irshadby Hamza IrshadInterest Rate The State Bank of Pakistan (SBP) has maintained its key interest rate at 22 percent for the fifth consecutive policy meeting, with the decision announced just ahead of …
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As of December 1, 2023, Pakistan’s total liquid foreign reserves amounted to US$12,107.1 million. The break-up of the foreign reserves position is as under: Notably, during the week concluding on …
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Economy
Pakistan’s State Bank Foreign Exchange Reserves Dip by $219.8 Million in Latest Weekly Report
The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $219.8 million or 2.85% week-on-week (WoW) to $7.49 billion during the week ending on October 20, …