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Rs7,500 prize bond draw on Aug 4 FAISALABAD: The 59th balloting of Rs7,500 prize bonds will be held at Peshawar on August 4.According to a spokesman for National Savings, first position holder will be awarded a prize of Rs15 million while three prizes of Rs5 million each have been reserved for second position holders.Third prize of Rs93,000 will be awarded to each of 1696 position holders.Copyright APP (Associated Press of Pakistan), 2014 ...

Foreign reserves stand at US$14,513.6mn KARACHI: The total liquid foreign reserves of the country stood at US$14,513.6 million on July 11, said the State Bank of Pakistan (SBP) on Thursday.According to a SBP press release, the foreign reserves held by the SBP are US$ 9,485.8 million, while the net foreign reserves held by banks are US$ 5,027.8 million.During the week ending July 11, SBP's Liquid Foreign Reserves decreased by US$116 million to US$9,486 million compared to US$9,602 million in the ...
SBP injects Rs106,300mn into market KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs. 106,300 million into market for 7 days during its open market operation (OMO).The bids offered for this injection were Rs. 113,750 million. The rate of return is 9.93 percent, said SBP press release. Copyright APP (Associated Press of Pakistan), 2014 ...
SBP to announce monetary policy on July 19 ISLAMABAD: The State Bank of Pakistan issued a notification on Thursday that it will announce its monetary policy on July 19, a week later than previously announced.According to the notification, the SBP bank official said that Governor SBP will announce the monetary policy through a press conference in Karachi.Earlier, the State Bank had announced that the governor will hold a press conference in Lahore on July 12 to unveil the monetary policy.The central bank did ...
Workers' remittances rise by 13.72pc to $15.83bn in FY14 KARACHI: Overseas Pakistani workers remitted an amount of dollars 15,832.25 million during the last fiscal year ; showing growth of 13.72 percent compared with $ 13,921.66 million received the financial year 2012-13. The inflow of remittances, over last fiscal year, from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman), and EU countries amounted to $4,729.38 million, $3,109.43 million, $2,464.14 million, $2,180.14 million, $1,860.03 million and $431.79 million respectively as compared ...
Liquid forex stand at $13,990.1 million: SBP KARACHI: The total liquid foreign reserves held by the country stood at $13,990.1 million on June, 27, 2014.According to the break-up of the foreign reserves position, foreign reserves with State Bank of Pakistan stood at $9,033.2 million and net foreign reserves held by bank were $ 4,956.9 millions, a State Bank press release here Thursday said. During the week ending June 27, 2014, SBP's Liquid FX Reserves had decreased by $ 157 million to $9,033 ...
SBP mops up Rs 94,200mn in repo sale KARACHI: State Bank of Pakistan (SBP) on Wednesday mopped up Rs 94,200 million under repo sale during its open market operation in Government of Pakistan market treasury bills.The bids received for two-day and eight-day repo sale amounted Rs 98,200 million.The rate of return per annum is 9.14 percent and 9.15 percent respectively, said an SBP press release. Copyright APP (Associated Press of Pakistan), 2014 ...


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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