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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's Liquid FX Reserves decreased by US $ 89 million to US $ 9,188 million compared to US $ 9,277 million in the previous week.The decrease in SBP reserves is mainly attributed to payments of US $80 million on account of external debt servicing.SBP did not receive any significant inflows during this week, the statement said. Copyright APP (Associated Press of Pakistan), 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 ...
JCR-VIS upgrades entity ratings of ZTBL KARACHI: JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the entity ratings of Zarai Taraqiati Bank Limited (ZTBL) from A/A-2' ( single A/A-two) to `AAA/A+' ( triple A/A-one plus).The outlook on the ratings is `stable', said a press release here on Friday.The rating action is driven by the recent decision by the Government of Pakistan to reconcile the outstanding liabilities on the balance sheet of ZTBL towards the State Bank of Pakistan (SBP) and convert ...
Pak forex figure $14.30609bn KARACHI: The total liquid foreign reserves of the country stand at dollars 14.30609 billion, said State Bank of Pakistan (SBP). SBP's weekly statement issued here on Thursday said that the foreign reserves held by State Bank on 1st August amounted $ 9.277 billion and the net foreign reserves held by other banks were of $ 5.02909 billion.SBP's liquid foreign reserves were $ 9.277 billion with no significant change over the previous week's balance.Copyright APP (Associated ...

 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln