Government Reviews Food Prices and Flood Relief Measures in First Steering Committee Meeting Islamabad – Senior officials from the Ministry of Finance, Energy and Petroleum Divisions, the State Bank of Pakistan, and other federal institutions convened in the first official meeting of the newly formed steering committee to address rising commodity prices and the impact […]
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 […]
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. […]