Search For "state bank of pakistan"
Pakistan faces currency crisis danger, says Nomura
Updated : 3 years, 3 months ago IST
Apart from Pakistan, the Japanese bank said that there were seven countries including Egypt, Romania, Sri Lanka, Turkey, the Czech Republic, and Hungary now at a high risk of currency crises.
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Pakistan's economy in free fall: POREG
Updated : 3 years, 3 months ago IST
Looking at its falling economy, investors had also started losing their confidence in Pakistan's ability to pay back the loans. Neither, the creditors nor the market is impressed.
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Pakistan's total debt surges to Rs 12 trillion in first quarter
Updated : 3 years, 3 months ago IST
In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillion which is more than the same period of last fiscal year, accounting for Rs 50.49 trillion.
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Pakistan's remittances drop amid widening exchange rate gap
Updated : 3 years, 4 months ago IST
The workers' remittances recorded an inflow of USD 2.2 billion in October as compared to the previous month's figure of USD 2.4 billion, the central bank said in its official data last Friday.
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No relief for Pakistan as FDI continues to slump
Updated : 3 years, 4 months ago IST
Pakistan's FDI continues to witness a downturn.
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Ishaq Dar's economics for pakistan: Temporary relief, permanent damage, sa
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 9 (ANI): Newly appointed Pakistan Finance Minister Ishaq Dar may seem to be the problem solver but his short-term plan, in this economic situation, will create distortions and worsen the structural imbalances.
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Pakistan's economic woes continue as FDI slumps 26 pc in first two months
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 24 (ANI): Amid the unprecedented economic crisis in Pakistan, Net Foreign Direct Investment (FDI) in the country fell 26.1 pc during the first two months of the ongoing fiscal year (FY23), clocking in at just USD 169.5 million, media reports said citing the St
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FATF manoeuvres Pak inbound international passengers to declare all foreig
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 9 (ANI): The Financial Action Task Force (FATF) has manoeuvred Pakistan's inbound international passengers to declare all foreign currency.
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Floods in Pakistan cause economic loss to the tune of USD 12.5 billion
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], September 5 (ANI): The estimated economic loss to Pakistan from floods has increased from USD 10 billion to USD 12.5 billion.
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Pakistan appoints new State Bank governor
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 28 (ANI): Amid dwindling foreign reserves and the country's ongoing deal with the International Monetary Fund (IMF), Pakistan appointed Jameel Ahmad as the new governor of the State Bank of Pakistan (SBP) for the next five years.
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Pakistan devastating floods cause Sensitive Price Index to peak at 44.58 p
Updated : 3 years, 6 months ago IST
Islamabad [Pakistan], August 27 (ANI): Disruption in the supply of commodities due to the floods in Pakistan has increased the prices of petroleum products which has further resulted in a spike in the Sensitive Price Index to a record high at 44.58 per cent indicating at skyrocketing inflati
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Pak: Foreign currency reserves held by SBP fall USD 87Mn to USD 7.8Bn
Updated : 3 years, 6 months ago IST
Karachi [Pakistan], August 26 (ANI): The foreign currency reserves held by the State Bank of Pakistan (SBP) were recorded at USD 7.81 billion, according to data released by the SBP on Thursday as they witnessed a fall of USD 87 million.
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