KARACHI: Pakistan’s foreign exchange reserves declined to $21.150 billion during the week ended April 21 from $21.568 billion a week earlier, the central banks said on Thursday. Reserves held by the State Bank of Pakistan showed a decrease of $366 million to stand at $16.050 billion. The drop in the SBP’s forex reserves was attributed to external debt servicing and other official payments. The foreign currency reserves of commercial banks amounted to $5.100 billion, compared with $5.152 billion in the previous week.
People walk out of a branch of Mashreq bank at Dubai Internet City on Feb. 5, 2012. — Reuters/FileKARACHI: Mashreq...
A Dubai Islamic Bank building seen in this undated photo. — The News/File KARACHI: Dubai Islamic Bank Pakistan...
The picture shows the building of the Securities and Exchange Commission of Pakistan photo. The News/FileISLAMABAD:...
A representational image of gold bangles. — AFP/FileKARACHI: Gold prices in the local market dropped by Rs500 per...
This representational image shows the Electric Cars. — Unsplash/FileNew York: Global policymakers are imposing new...
This image portrays a "Tax Return" written by a typewriter. — Unsplash/FileLAHORE: The government is planning to...
