KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) jumped up by $443 million, experiencing a 5.6% increase in a week, informed a statement released by the State Bank of Pakistan.
The reserves were recorded at $7,914.3 million in the previous week, which mounted up by $443.3 million and presently was recorded at $8,357.6 million.
The reasons cited for the increase are the purchase of dollars by the State Bank of Pakistan, keeping in mind the liquidity and market demand, along with obtaining commercial loans. These reasons have contributed to shoring up of the foreign reserves.
For news and blogs, visit Graana.com.
Lahore: The Provincial Development Working Party (PDWP) has approved development projects worth PKR 15.76 billion…
LAHORE – The Lahore Chamber of Commerce and Industry (LCCI) on Sunday announced an emergency…
RIYADH – Outstanding loans from Saudi banks climbed to SR3.2 trillion ($849.7 billion) in June,…
ISLAMABAD: The Capital Development Authority (CDA) has opened bids for the Rs1.4 billion T-Chowk Flyover,…
SALALAH: Oman’s Ministry of Housing and Urban Planning has announced plans for Future Salalah City,…
Gwadar: The federal government has approved the construction of Gwadar Eastbay Expressway Phase II, linking…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
