Imposes fines of Rs775.54m on financial entities amid low foreign reserves
Net foreign reserves held by commercial banks stood at $5,135.8 million.
$6.5b EEF loan hangs in balance ahead of FY24 Budget set to be presented tomorrow
Local currency recovered to Rs284.25 per US dollar, ending its four days losing streak
Central bank attributes increase to $700m Chinese loan disbursement
We can agree to disagree here, but foreign reserves are as true of an indicator as the stock market
State Bank did not give any reason for decrease in reserves
Govt could avoid trade curbs, allow adjustment in rupee value to reduce deficit
RMB arrangement to boost Pakistan’s foreign reserves, reduce dependence on USD
Reserves record no major change in week ended October 14