Pakistan exchange reserves drop $ 540 million on debt reimbursements Blogging Sole

Pakistan exchange reserves drop $ 540 million on debt reimbursements

 Blogging Sole

US dollar tickets are displayed in this taken illustration, February 14, 2022. Net foreign reserves of commercial banks declared to $ 4.94 billion. Despite the drop, SBP reserves remain above the $ 10 billion mark. Forex reserves are sufficient to cover imports for more than two months. Pakistan exchange reserves withdrew $ 15.55 billion on … Read more

Forex reserves held by SBP increases, but external financing problems persist Blogging Sole

Forex reserves held by SBP increases, but external financing problems persist

 Blogging Sole

Battery of us, a hundred dollars tickets are visible in this image illustration. – Reuters Foreign foreign reserves in the country in the country are $ 15.95 billion. Trade banks’ dollars reserves amounted to $ 4.75 billion. Refunds of external debt exert pressure on Forex’s reserves. The exchange reserves, owned by the State Bank of … Read more

To strengthen foreign exchange reserves held by SBP, Pakistan receives $500 million from ADB Blogging Sole

To strengthen foreign exchange reserves held by SBP, Pakistan receives 0 million from ADB

 Blogging Sole

A worker walks past the headquarters of the Asian Development Bank (ADB) in this file photo. -Reuters Influx to help increase the country’s import coverage and stabilize the rupee. Aims to foster Pakistan’s perseverance in the face of disasters. The SBP’s foreign exchange reserves stood at $11.42 billion as of November 22. The central bank … Read more