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Pak liquid foreign reserves figure $ 13.92508bn KARACHI: The total liquid foreign reserves of the country stand at dollars 13.92508 billion, said State Bank of Pakistan.According to SBP's weekly statement here on Thursday, the foreign reserves held by the State Bank on August 15 amounted to dollars 8.90207 billion and the net foreign reserves held by other banks were dollars 5.02301 billion.During the week ending August 15, the SBP's liquid foreign reserves decreased by $ 285 million to $ 8,903 million as compared to $ 9,188 million in the previous week.The decrease in SBP reserves is mainly attributed to payments of $ 295 million on account of external debt servicing which includes $ 147 million paid to International Monetary Fund (IMF) under stand- by arrangement. Copyright APP (Associated Press of Pakistan), 2014 ...

Bank Alfalah posts profit before tax of Rs3.978bn for half year KARACHI: Bank Alfalah Limited posted profit before tax of Rs3.978 billion for the half year ended June 30, 2014, registering an impressive growth of 45 percent against the corresponding period last year.Earnings per share for the half year 2014 were reported at Rs1.93 as against Rs1.44 for the corresponding period, an increase of 34 percent, a press release issued here on Wednesday said.Total revenue for the half year period was reported at Rs13.943 billion as ...
Pakistan's Liquid Foreign Reserves reached to over US $14.264bn ISLAMABAD: The total liquid foreign reserves held by the country stood at US $ 14,264.1 million on August 8, 2014.Giving a break-up of the foreign reserves position a statement of Central Bank issued on Friday said that Foreign reserves held by the State Bank of Pakistan stood at US $ 9,188.0 million while the net foreign reserves held by banks were US $ 5,076.1 million on August 8, 2014.During the week ending August 8, 2014, ...
SBP playing key role in country's economy: Saeed Ahmad KARACHI: The Acting Governor, State Bank of Pakistan (SBP) Saeed Ahmad has said that the central bank will keep on playing its role in growth of the country's economy. Addressing the flag hoisting ceremony on Independence Day here on Thursday, he said "it is important for us to follow teachings of our leaders and keep the national interest supreme in every decision we make". He said that SBP is the backbone of the country's economy ...
SBP auctions Rs 82,949.745mn PIBs KARACHI: The State Bank of Pakistan (SBP) on Tuesday auctioned Pakistan Investment Bonds (PIBs) of different tenures amounting to Rs 82,949.745 million, with face value of Rs 86,787.9 million.The bids offered for PIBs with maturity periods of 3,5 and 10 years tenure amounted to Rs 86,757.670 million having face value of Rs 90,837.9 million. No bid was received for 20 year maturity bonds, said an SBP press release. Copyright APP (Associated Press of Pakistan), 2014 ...
Overseas Pakistanis remit $1.6bn in July 2014 KARACHI: Overseas Pakistanis remitted an amount of dollars 1,649.39 million in July 2014. This shows an impressive growth of 17.45 percent compared with $1,404.39 million received during the same month of the last fiscal year (FY14), said State Bank of Pakistan here Tuesday.The inflow of remittances during July 2014 from Saudi Arabia, United Arab Emirates, United States of America, United Kingdom, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and European Union countries amounted to ...
SBP injects Rs 5.9bn into market KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs 5.9 billion for seven days into market during its open market operation.The rate of return will be 9.93 percent, said SBP press release.Copyright APP (Associated Press of Pakistan), 2014 ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 15, 2014
Reserves $14.264 bln