Ishaq Dar announces receipt of $500 mn from ICBC Says it will help shore up Pakistan’s forex reserves Published 17 Mar, 2023 09:07pm
Business & Finance SBP issues Rs50 coin to mark Pakistan Senate’s golden jubilee Coin shall be issued through exchange counters of all the field offices of SBP Banking Services Corporation Published 17 Mar, 2023 04:57pm
Pakistan Documentation for ICBC’s second $500mn disbursement complete: Dar Earlier this month, Pakistan’s central bank received $500 million from China’s ICBC, the first of three disbursements that were approved for rollover Updated 16 Mar, 2023 05:23pm
Business & Finance Forex reserves increase $556m to $3,814.1m KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $556 million during the last ... Published 03 Mar, 2023 06:12am
Markets On back of loan from China, SBP-held foreign exchange reserves increase $556mn, now stand at $3.81bn Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $556 million to $3.81 billion, data... Published 02 Mar, 2023 06:35pm
Pakistan Hikes in interest rate appear to be redundant: business community In letter to SBP governor, FPCCI questions policy rate efficacy in curbing inflation Updated 01 Mar, 2023 06:50pm
Print $700m Chinese loan lands in SBP account KARACHI: The country has received inflows amounting to $700 million from China to build the sliding foreign exchange... Updated 25 Feb, 2023 09:01am
Business & Finance Forex reserves move up by $162m KARACHI: The country’s total liquid foreign exchange reserves rose by $162 million during the last week. ... Updated 17 Feb, 2023 06:38am
Business & Finance Up to $5mn smuggled into Afghanistan from Pakistan daily: report In Bloomberg interview, Zafar Paracha said 'currency is being smuggled without any doubt. This has become quite a lucrative business' Updated 07 Feb, 2023 06:59pm
Opinion The crisis was foretold Former Deputy Governor Dr Murtaza Syed in a hard-hitting article laments that the crisis facing the economy today... Updated 04 Feb, 2023 07:24am
Print SBP’s reserves slip to $3bn KARACHI: The country’s total liquid foreign exchange reserves further fell by $711 million during last week due to... Updated 03 Feb, 2023 08:54am
Markets Highly critical: SBP-held foreign exchange reserves plunge $592mn, now stand at mere $3.09bn Reserves fall due to external debt repayments, says central bank Updated 02 Feb, 2023 08:28pm
Markets SBP-held foreign exchange reserves plunge another $1.23 bn, now stand at $4.3bn Lowest level of central bank reserves since February 2014 when they stood at $3.92bn Published 12 Jan, 2023 08:32pm
Business & Finance Dar says foreign exchange held with commercial banks property of citizens Finance minister rejects rumours of govt mulling seizing control of FCY funds held with commercial banks Updated 12 Jan, 2023 12:22am
Print Stalled bailout: IMF team to meet Dar in Geneva ISLAMABAD: A delegation of International Monetary Fund (IMF) will meet Finance Minister Ishaq Dar on the sidelines... Updated 09 Jan, 2023 08:49am
Pakistan IMF says its delegation expected to meet Finance Minister Dar on sidelines of Geneva conference Will discuss outstanding issues and path forward, says IMF spokesperson Updated 08 Jan, 2023 10:59am
Print Economic challenges: Dar has failed to provide any roadmap: Tarin ISLAMABAD: Finance Minister Ishaq Dar’s press conference on 4th January 2023 is an attempt to divert attention away... Updated 07 Jan, 2023 08:47am
Print Foreign exchange reserves at almost 9-year low level KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) reached almost nine years low level... Updated 06 Jan, 2023 09:04am
Opinion Woeful decline in forex reserves The State Bank of Pakistan’s foreign exchange reserves have declined below $6 billion as the SBP’s reserves... Published 31 Dec, 2022 06:32am
Markets Critical: SBP-held foreign exchange reserves fall another $294mn, now stand at $5.82bn This is the lowest level of central bank reserves since April 2014, and raises concerns on Pakistan's liquidity position Updated 29 Dec, 2022 07:19pm
Opinion Low foreign inflows The foreign exchange reserves of the SBP have plunged to $6,116 million as of 16th of December 2022. There has been ... Published 27 Dec, 2022 06:07am
Markets Monetary Policy Committee: SBP issues advance calendar for meetings in January-June 2023 Central bank schedules 4 meetings of Monetary Policy Committees during six-month period Published 26 Dec, 2022 05:39pm
Business & Finance Forex reserves decline $570m KARACHI: The country’s total liquid foreign reserves fell by $570 million during the last week due to external debt... Published 23 Dec, 2022 05:54am
Print Key phrase: ‘structural reforms’ State Bank of Pakistan says prudent monetary and fiscal policies imperative to increase resilience of the economy Updated 22 Dec, 2022 09:52am
Business & Finance Jul-Nov CAD shrinks 57pc YoY KARACHI: The country’s current account deficit shrank 57 percent during the first five months of this fiscal year... Updated 17 Dec, 2022 09:54am
Print FX reserves may rise in H2FY23: All debt repayments on track, says SBP governor KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad Thursday said all debt repayments are on track and the... Updated 09 Dec, 2022 09:30am
Print Forex reserves fall to $6.7bn on repayments KARACHI: The State Bank of Pakistan’s foreign exchange reserves decreased by $ 784 million to $6.715 billion during... Updated 09 Dec, 2022 09:22am
Markets Pakistan's debt repayment situation completely under control: SBP governor During SBP's podcast, Jameel Ahmad says all upcoming obligations will be met on schedule, reserves' position to improve in second half of ongoing fiscal year Updated 08 Dec, 2022 10:59pm
Markets SBP-held foreign exchange reserves fall $784mn, now stand precariously at $6.71bn SBP attributes decline to payment of $1,000 million against maturing Pakistan International Sukuk and some other external debt repayments This is the lowest level of SBP's reserves since January 2019 Published 08 Dec, 2022 08:01pm
Opinion Is default in prospect? The economy is closing in external payment ‘implied default’ situation. This means that with SBP’s (State Bank of... Published 05 Dec, 2022 06:13am