Pakistan records account surplus for fourth consecutive month
November 21, 2020
The country’s current account witnessed a surplus for the fourth consecutive month in October, rising to $382 million or 1.6 percent of the gross domestic product (GDP), data released by the State Bank of Pakistan (SBP). Compared to the same month last year, the surplus witnessed an increase of 423pc from $73m, while on a […]
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Foreign exchange reserves rise from $55m to $12.12b
October 29, 2020
The foreign exchange reserves held by the central bank rose 0.45% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. On October 23, the foreign currency reserves held by the SBP were recorded at $12,121.5 million; up $55 million compared with $12,066.6 million in the previous week. […]
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