KARACHI: The foreign exchange reserves of the country increased by $194 million to $21.74 billion by week ended April 7, 2017 from the preceding week, State Bank of Pakistan (SBP) said on Thursday.
During the week, SBP’s official reserves increased by $222 million to $16.688 billion from $16.466 billion a week ago. During the week, SBP received multilateral inflows of $317 million and made payments of $118 million on account of external debt servicing and other official payments.
The foreign exchange reserves held by commercial banks, however, declined to $5.05 billion as against $5.084 billion, a week ago.
Systems Limited, IT and IT-enabled services provider, hosted US Ambassador to Pakistan Donald Blome on May 3, 2024....
The logo of the Telenor Microfinance Bank . — temenos websiteKARACHI: Telenor Microfinance Bank reported a strong...
Chief Executive TDAP Mr. Zubair Motiwala met with HE Dr. Bakheet Ateeq Al-Remaiti, Consul General of UAE, in Karachi...
A representational image of gold bangles. — AFP/FileKARACHI: Gold prices in the local market dropped by Rs1,400 per...
A person walks by a sign advertising employment at a fast-food restaurant in New York City. — AFP FileWASHINGTON:...
This picture taken on January 30, 2023 shows residents buying vegetable at a market in Karachi. — AFP/FileLAHORE:...