ISLAMABAD, Apr 23 (APP):Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb said here on Tuesday that the economy was steadily advancing in the right direction, underlining the government’s steadfast commitment to accelerate momentum towards achieving both economic growth and comprehensive social development. In his address at the 7th edition of the Leaders in Islamabad… Continue reading Economy on right path, govt committed to accelerate growth: Finance Minister
Tag: foreign exchange reserves
Foreign exchange reserves stand at $12.58 bln
ISLAMABAD, Dec 08 (APP): The total liquid foreign reserves held by the country stood at US$ 12,581.7 million as of December 2,2022, State Bank of Pakistan (SBP) reported Thursday. According to breakup figures, the foreign reserves held by the State Bank of Pakistan stood at US$ 6,714.9 million whereas the net foreign reserves held by… Continue reading Foreign exchange reserves stand at $12.58 bln
IMF allocations to take forex reserves to historic high level: SBP Governor
ISLAMABAD, Aug 13 (APP):Governor State Bank of Pakistan (SBP), Reza Baqir said Friday that the foreign exchange reserves of the central bank would reach to the historic high level once the country receives $2.77 billion on August 23 from International Monetary Fund’s (IMF) general allocations of $ 650 billion that had been approved to boost… Continue reading IMF allocations to take forex reserves to historic high level: SBP Governor
Pakistan’s Foreign Exchange reserves swell to over $ 23.577 billion
KARACHI, Jun 10 (APP): The total liquid foreign exchange reserves of Pakistan continue to surge as total reserves reached at the highest level US$ 23,577.9 million in the week ending on June 04. According to a statement issued by the State Bank of Pakistan on Thursday, Foreign reserves held by the State Bank of Pakistan… Continue reading Pakistan’s Foreign Exchange reserves swell to over $ 23.577 billion
Deposits in RDA cross $800 m mark in 7 months
ISLAMABAD, Apr 2 (APP):The deposits in the State Bank of Pakistan (SBP)’s initiatives Roshan Digital Accounts (RDA) have crossed $800 million mark in seven months. The deposits by the overseas Pakistanis have crossed the $800 million mark on the back of huge inflows of $212 million in March, according to the SBP. The SBP said… Continue reading Deposits in RDA cross $800 m mark in 7 months