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Business

Web Desk Karachi
Feb 19, 2025

Pakistan’s current account balances slip into deficit, threatens exchange rate stability

Over the first four months of FY25 (July to October), the SBP purchased $3.8 billion from commercial banks. However, in a recent eight-week period from December 13 to February 7, the central bank’s reserves decreased by $1 billion.

Business

Web Desk
Feb 21, 2024

Interbank closing: rupee gains 6.64 paisa

The Pakistani rupee witnessed a surge of 6.64 paisa against the US dollar (USD) during Wednesday’s interbank session, closing at PKR 279.5.

Pakistan’s current account balances slip into deficit, threatens exchange rate stability

Interbank closing: rupee gains 6.64 paisa

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