{"id":58903,"date":"2019-12-20T12:59:54","date_gmt":"2019-12-20T12:59:54","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=58903"},"modified":"2020-01-28T05:19:27","modified_gmt":"2020-01-28T05:19:27","slug":"foreign-exchange-reserves-register-19-month-high-sbp","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html","title":{"rendered":"Foreign exchange reserves register 19-month high: SBP"},"content":{"rendered":"<p>Karachi: The federal government\u2019s attempts to expand its foreign exchange reserves have largely met with success; with the figures currently standing at a 19-month high (surpassing the USD 1 billion benchmark set previously) \u2014 according to a recent report issued by the State Bank of Pakistan (SBP).<\/p>\n<p>As per the data shared by the SBP on Thursday, the foreign exchange reserves had registered a weekly increase of 18% (on average). Previously, the downward trend of the reserves touched the low point of USD 7 billion; which spiked concerns with regard to the government\u2019s ability to meet the country\u2019s financial requirements.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/sbp-strategises-for-long-term-foreign-investments.html\" target=\"_blank\" rel=\"noopener noreferrer\">SBP strategises for long-term foreign investments<\/a><\/p>\n<p>According to reports, the situation has been neutralised by monetary inflows received from multilateral institutions (including the Asian Development Bank that provided USD 1.3 billion in funds) and other friendly nations.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/exports-grow-current-account-deficit-falls-in-january.html\" target=\"_blank\" rel=\"noopener noreferrer\">Exports grow, current account deficit falls in January<\/a><\/p>\n<p>The significant contraction of the current account deficit also helped in boosting the reserves. The <a href=\"https:\/\/www.zameen.com\/news\/pakistan-repays-usd-1-billion-foreign-debt.html\" target=\"_blank\" rel=\"noopener noreferrer\">SBP also made a repayment of USD 1 billion<\/a> during last week in its efforts to facilitate the maturation of the international Sukuk bonds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The federal government\u2019s attempts to expand its foreign exchange reserves have largely met with success; with the figures currently standing at a 19-month high (surpassing the USD 1 billion benchmark set previously) \u2014 according to a recent report issued by the State Bank of Pakistan (SBP). As per the data shared by the SBP on Thursday, the foreign exchange reserves had registered a weekly increase of 18% (on average). Previously, the downward trend of the reserves touched the low point of USD 7 billion; which spiked concerns with regard to the government\u2019s ability to meet the country\u2019s financial requirements. Read:\u00a0SBP strategises for long-term foreign investments According to reports, the situation has been neutralised by monetary inflows received from multilateral institutions (including the Asian Development Bank that provided USD 1.3 billion in funds) and other friendly nations. Read:\u00a0Exports grow, current account deficit falls in January The significant contraction of the current account deficit also helped in boosting the reserves. The SBP also made a repayment of USD 1 billion during last week in its efforts to facilitate the maturation of the international Sukuk bonds.<\/p>\n","protected":false},"author":75,"featured_media":23688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14541],"persona":[],"class_list":["post-58903","post","type-post","status-publish","format-standard","has-post-thumbnail","tag-details-on-foreign-exchange-reserves-register-19-month-high-sbp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Foreign exchange reserves register 19-month high: SBP - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The federal government\u2019s attempts to expand its foreign exchange reserves have largely met with success; with the figures currently standing at a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign exchange reserves register 19-month high: SBP - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The federal government\u2019s attempts to expand its foreign exchange reserves have largely met with success; with the figures currently standing at a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-20T12:59:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-01-28T05:19:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/11\/sbp.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hazafa Hasan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hazafa Hasan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Foreign exchange reserves register 19-month high: SBP - Zameen News","description":"Karachi: The federal government\u2019s attempts to expand its foreign exchange reserves have largely met with success; with the figures currently standing at a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html","og_locale":"en_US","og_type":"article","og_title":"Foreign exchange reserves register 19-month high: SBP - Zameen News","og_description":"Karachi: The federal government\u2019s attempts to expand its foreign exchange reserves have largely met with success; with the figures currently standing at a","og_url":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2019-12-20T12:59:54+00:00","article_modified_time":"2020-01-28T05:19:27+00:00","og_image":[{"width":600,"height":350,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/11\/sbp.jpg","type":"image\/jpeg"}],"author":"Hazafa Hasan","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Hazafa Hasan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html"},"author":{"name":"Hazafa Hasan","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/02ecabbaa38c1bc1c986aa3d4e04a581"},"headline":"Foreign exchange reserves register 19-month high: SBP","datePublished":"2019-12-20T12:59:54+00:00","dateModified":"2020-01-28T05:19:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html"},"wordCount":190,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/11\/sbp.jpg","keywords":["details on Foreign exchange reserves register 19-month high: SBP"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html","url":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html","name":"Foreign exchange reserves register 19-month high: SBP - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/11\/sbp.jpg","datePublished":"2019-12-20T12:59:54+00:00","dateModified":"2020-01-28T05:19:27+00:00","description":"Karachi: The federal government\u2019s attempts to expand its foreign exchange reserves have largely met with success; with the figures currently standing at a","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/11\/sbp.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2016\/11\/sbp.jpg","width":600,"height":350},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/foreign-exchange-reserves-register-19-month-high-sbp.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Foreign exchange reserves register 19-month high: SBP"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/02ecabbaa38c1bc1c986aa3d4e04a581","name":"Hazafa Hasan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/01\/Avatar-Icon-96x96.jpg","caption":"Hazafa Hasan"},"description":"Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.","url":"https:\/\/www.zameen.com\/news\/author\/hazafa"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/58903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/75"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=58903"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/58903\/revisions"}],"predecessor-version":[{"id":58904,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/58903\/revisions\/58904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/23688"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=58903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=58903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=58903"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=58903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}