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Business

Web Desk
Dec 29, 2023

SBP reports notable surge in forex reserves, reaching $7.75 billion

In a notable surge, the State Bank of Pakistan (SBP) witnessed a substantial increase of $852 million in its foreign exchange reserves within a week, reaching a total of $7.75 billion as of December 22, according to data released on Thursday.

Business

Web Desk
Dec 12, 2023

SBP keeps policy rate unchanged at 22% amid economic developments

The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has resolved to maintain the policy rate at 22 per cent.

Business

Web Desk
Oct 19, 2023

SBP forex reserves surge to $7.7 billion in a week

The State Bank of Pakistan (SBP) saw a noteworthy surge in its foreign exchange reserves, with a remarkable increase of $67 million in just one week, bringing the total to $7.7 billion as of October 13, as per data released on Thursday.