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Wednesday, February 5, 2025
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foreign exchange reserves

Bank lending drops significantly as financial pressures on consumers increase

Bank borrowing in Pakistan has seen a significant decline, reflecting the increasing financial pressures on consumers. Data from the State Bank of Pakistan reveals a...

(SBP) reserves have reached a two-year peak, surpassing $9 billion

The State Bank of Pakistan's foreign exchange reserves have surged to a two-year high, exceeding $9 billion following inflows from the International Monetary Fund...

The rupee at its highest level in five months

On Wednesday, the Pakistani currency reached a new five-month peak of Rs278.41 against the US dollar in the inter-bank market. This ascent marks the...

IMF wants flexible exchange rate in Pakistan

In Karachi, sources within the financial sector, closely connected to the Ministry of Finance, noted that the International Monetary Fund (IMF) has disregarded Pakistan's...

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