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Rs1,500 prize bonds draw on Thursday FAISALABAD: The 58th balloting of prize bonds worth Rs1,500 each will be held at Peshawar on May 15.According to a spokesman of National Savings Faisalabad, top winner will be awarded a cash prize of Rs3 million, while three prizes of worth Rs1 million each would be awarded for second position.Third cash prize of Rs18,500 will be given to 1,696 lucky winners, it was added. Copyright APP (Associated Press of Pakistan), 2014 ...

SBP reminds public to exchange decimal coins KARACHI: State Bank of Pakistan (SBP) has reminded the general public to exchange the decimal coins of Paisa 1, 2, 5, 10, 25 and 50 upto Sept 30, 2014.The coins can be exchanged from the field offices of SBP BSC and commercial/microfinance banks branches, said an SBP statement here on Wednesday. For awareness of general public, SBP has advised the commercial and microfinance banks to display posters or banners at visible places of their branches ...
National Savings collects Rs 90 billion in 3rd quarter ISLAMABAD: The Central Directorate of National Savings (CDNS) has collected Rs 90 billion during the third quarter of current fiscal year against Rs 36 billion during the same period of previous year.The CDNS collected Rs 21 billion in April 2014 against Rs 11 billion in April 2013, said CDNS Director General Saeed Ahmad Rana while talking to APP on Monday.He said the government had taken about 27% of its non-inflationary loans from the CDNS to ...
Pak liquid forex figure $ 11.74007bn KARACHI: The total liquid foreign reserves of the country figure $ 11.74007 billion, said State Bank of Pakistan.According to SBP's weekly statement here on Thursday, the foreign reserves held by State Bank on April 25 amounted $ 7.04105 billion. Net foreign reserves held by banks were$ 4.69902 billion.During the week, SBP's liquid forex exchange reserves increased by $ 32 million to $ 7,042 million compared to $ 7,010 million in the previous week. The increase ...
SBP evolves long-term policy to promote Islamic Banking LAHORE: The State Bank of Pakistan (SBP) Deputy Governor Saeed Ahmed said on Wednesday that the Bank had evolved a comprehensive five-year strategy to promote Islamic mode of banking in the country.Speaking with business community here at Lahore Chamber of Commerce and Industry (LCCI), he said that since the present government had shown its seriousness in Islamic Banking, therefore all possible measures were being put in place to revitalize it. Under 5-year strategy, he said, ...
Ballot of Rs25000 prize bonds on May 2 FAISALABAD: Ninth balloting of prize bonds worth Rs25000 each will be held at Muzaffar Abad on May 2.According to a spokesman of National Savings, first prize is Rs50 million while 3 prizes of Rs15 million each have been reserved for 2nd position holders.Similarly,third prize of Rs312000 will be awarded to 1696 position holders, he added.Copyright APP (Associated Press of Pakistan), 2014 ...
Liquid forex reserves stand at $11,753.8 million: SBP KARACHI: The total liquid foreign reserves held by the country stood at $11,753.8 million on April 18, 2014, said a press release issued by State Bank of Pakistan (SBP) here on Thursday.The break-up of the foreign reserves position was as under.(i) Foreign reserves held by the SBP: $ 7,010.0 million,ii) Net foreign reserves held by banks $ 4,743.8 million,(iii) Total liquid foreign reserves $ 11,753.8 millionDuring the week ending April 18, SBP's liquid FX reserves ...


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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln