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Pakistan's total foreign exchange reserves exceed $16b
Foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $46 million in the week ending January 31, reaching $11.42 billion, according to data released on Thursday.The total liquid ...
The Express Tribune1h
Fitch Ratings optimistic about Pakistan’s economic recovery in FY25
Pakistan, however, faces significant external financing needs, with over $22 billion in public debt maturing in FY25.
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Rupee sheds 19 paisas against dollar
Pakistani rupee on Thursday depreciated by 19 paisas against the US dollar in the interbank trading and closed at Rs279.14 against the previous day's closing of Rs278.95. However, according to the ...
Fitch Says Pakistan Faces Big External Financing Risks Despite Economic Progress
Still, Fitch noted that Pakistan has made progress in rebuilding its foreign exchange reserves, outperforming targets set by ...
SECP, SBP Working on Opening Corporate Bank Accounts Under Same-Day Account Opening Initiative
The Securities and Exchange Commission of Pakistan (SECP) and the State Bank of Pakistan (SBP) are jointly working on a plan for opening corporate bank ...
Pakistan’s Progress on Structural Reform Remains Key to Credit Profile: Fitch Ratings
Pakistan has continued to make headway in restoring economic stability and rebuilding external buffers, according to Fitch ...
Business Recorder7h
SECP launching ‘same-day’ account opening initiative for corporates
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the State Bank of Pakistan (SBP), ...
The Express Tribune8h
Pakistan, Somalia eye stronger trade ties
The Ambassador of Somalia to Pakistan, Sheikh Noor Muhammad Hassan, has expressed a strong interest in signing bilateral ...
Business Recorder9h
Somalian Ambassador visits LCCI
LCCI Senior Vice President Engineer Khalid Usman welcomed the Somalian Ambassador and highlighted the historical diplomatic ...