{"id":65267,"date":"2020-05-09T09:39:00","date_gmt":"2020-05-09T04:39:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=65267"},"modified":"2020-05-08T15:41:04","modified_gmt":"2020-05-08T10:41:04","slug":"sbps-foreign-exchange-reserves-rise-2-15-one-week","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sbps-foreign-exchange-reserves-rise-2-15-one-week.html","title":{"rendered":"SBP\u2019s foreign exchange reserves rise by 2.15% in one week"},"content":{"rendered":"\n<p>Karachi: The State Bank\u2019s foreign exchange reserves were seen to rise by 2.15% in the past week, a news source reported. The SBP reserves, on April 30, were recorded at USD 12.329 billion from USD 12.070 billion after undergoing a surge of USD 259 million.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/sbp-introduces-refinance-scheme-to-support-employment-for-smes.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP introduces \u2018Refinance Scheme to Support Employment\u2019 for SMEs<\/a><\/p>\n\n\n\n<p>Overall, the country\u2019s reserves have risen to USD 18.755.1 million including the reserves held by other banks. The reserves held by other banks currently amount to USD 6.425 billion.<\/p>\n\n\n\n<p>Country\u2019s foreign exchange reserves have been bolstered through two tranches by IMF \u2013 one amounting to USD 991.4 million in July 2019; the other around USD 454 million in December 2019. Inflows from China also raised the total by nearly 2.5 billion. Additionally inflows from Asian Development Bank (ADB) worth USD 1.3 billion had helped Pakistan\u2019s reserves cross USD 10 billion mark last year.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/sbp-grants-emi-license-new-digital-wallet-service.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP grants EMI license to new \u2018digital wallet\u2019 service<\/a><\/p>\n\n\n\n<p>SBP also successfully made a foreign debt repayment worth USD 1 billion on sukuk earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank\u2019s foreign exchange reserves were seen to rise by 2.15% in the past week, a news source reported. The SBP reserves, on April 30, were recorded at USD 12.329 billion from USD 12.070 billion after undergoing a surge of USD 259 million. Read: SBP introduces \u2018Refinance Scheme to Support Employment\u2019 for SMEs Overall, the country\u2019s reserves have risen to USD 18.755.1 million including the reserves held by other banks. The reserves held by other banks currently amount to USD 6.425 billion. Country\u2019s foreign exchange reserves have been bolstered through two tranches by IMF \u2013 one amounting to USD 991.4 million in July 2019; the other around USD 454 million in December 2019. Inflows from China also raised the total by nearly 2.5 billion. Additionally inflows from Asian Development Bank (ADB) worth USD 1.3 billion had helped Pakistan\u2019s reserves cross USD 10 billion mark last year. Read: SBP grants EMI license to new \u2018digital wallet\u2019 service SBP also successfully made a foreign debt repayment worth USD 1 billion on sukuk earlier this year.<\/p>\n","protected":false},"author":57,"featured_media":64432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[28607],"persona":[],"class_list":{"0":"post-65267","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-sbps-foreign-exchange-reserves-rise-by-2-15-in-one-week","9":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBP\u2019s foreign exchange reserves rise 2.15% in one week - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The State Bank\u2019s foreign exchange reserves were seen to rise by 2.15% in the past week, a news source reported.\" \/>\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\/sbps-foreign-exchange-reserves-rise-2-15-one-week.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP\u2019s foreign exchange reserves rise 2.15% in one week - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The State Bank\u2019s foreign exchange reserves were seen to rise by 2.15% in the past week, a news source reported.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sbps-foreign-exchange-reserves-rise-2-15-one-week.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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