Foreign exchange reserves will reach 9-10 billion dollars by June, Finance Minister The stock market is also at an all-time high, the foreign exchange reserves have not increased through the market, date stocks, but through market operations. The final tranche will be released by the International Monetary Fund later thisRead More →

Pakistan would not default & fulfilled all its sovereign commitments: Ishaq Dar Expresses the resolve to further increase foreign exchange reserves of country to $15 biln in next six to seven weeks ISLAMABAD ( Web News ) The Senate was told on Sunday that foreign exchange reserves of Pakistan haveRead More →

ICCI fears FX Crisis may bring industrial sector to a grinding halt ISLAMABAD ( Web News ) Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) said that Pakistan’s foreign exchange reserves held by the State Bank of Pakistan, which were over US$ 16 billion at the endRead More →

SBP’s Reserves Further Drop To $5.82 Billion By Dec 23, 2022 For the first time in decades, the SBP’s reserves fell below the commercial banks’ foreign exchange reserves. ISLAMABAD ( JAVED MAHMOOD ) The foreign exchange reserves of the State Bank of Pakistan further dropped to $5.82 billion by DecRead More →

ISLAMABAD ( Web News ) Foreign exchange reserves held by the State Bank of Pakistan (SBP) dipped $303 million, clocking in at an alarming level of $7.6 billion as of October 7, 2022, according to data released on Thursday. Total liquid foreign reserves held by the country stood at $13.25Read More →

IMF is expected to disburse $2.8 billion for Pakistan on 23rd of August, which will boost State Bank’s reserves to record high level ISLAMABAD ( JAVED MAHMOOD ) On 23rd of August, 2021, the International Monetary Fund is expected to provide $2.80 billion to Pakistan under its $650 billion newRead More →