Tag Archives: central bank

Pakistan’s Foreign Exchange Reserves Witness Significant Boost, Reaching $9.7 Billion

Pakistan's Foreign Exchange Reserves Witness Significant Boost, Reaching $9.7 Billion

Pakistan’s foreign exchange reserves, managed by the central bank, saw a substantial increase of $393 million, reaching $4.462 billion by the week ending June 30, according to the latest report by the State Bank of Pakistan. This surge in reserves can be attributed to the inflow of official funds. The total reserves held by the… Read More »

Breakthrough Reached in IMF Bailout Package Negotiations with Pakistani Government

Breakthrough Reached in IMF Bailout Package Negotiations with Pakistani Government

Pakistan Nears Signing of Tightly-Negotiated IMF Bailout Package After months of intense negotiations between the Pakistani government and the International Monetary Fund (IMF), a significant breakthrough has been achieved, according to a report by Geo News on Saturday. Insider sources reveal that an official announcement regarding the signing of the deal is expected to be… Read More »