{"id":72204,"date":"2020-11-20T12:52:12","date_gmt":"2020-11-20T07:52:12","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=72204"},"modified":"2020-11-20T12:52:17","modified_gmt":"2020-11-20T07:52:17","slug":"sbp-announces-current-account-surplus-for-4th-consecutive-month","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/sbp-announces-current-account-surplus-for-4th-consecutive-month.html","title":{"rendered":"SBP announces current account surplus for 4th consecutive month"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) on Thursday stated that the country had successfully maintained its current account surplus for the fourth consecutive month since July, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/state-bank-introduces-international-payment-system-local-companies-freelancers.html\" target=\"_blank\" rel=\"noreferrer noopener\">State Bank introduces int\u2019l payment system for local companies, freelancers<\/a><\/p>\n\n\n\n<p>According to the details revealed, the current account stats for October registered a surplus of USD 382 million against USD 59 million registered in September \u2014 highlighting a total increase of 547%. However, the cumulative surplus during the July to October in the going financial year stood at 1.16 billion \u2013 against the deficit of USD 1.419 billion during the corresponding period of last year.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/state-bank-makes-asset-declaring-process-simpler.html\" target=\"_blank\" rel=\"noreferrer noopener\">State Bank makes asset declaring process simpler<\/a><\/p>\n\n\n\n<p>Reportedly, the situation regarding the current account started shifting in FY 20, when current account deficit fell to USD 3 billion \u2013 almost a quarter of last year\u2019s level. The improvement was recorded on a broad-based basis as the sectors of <a href=\"https:\/\/www.zameen.com\/news\/sbp-introduce-measures-facilitate-exporters-boost-exports.html\" target=\"_blank\" rel=\"noreferrer noopener\">trade<\/a>, services and secondary income accounts showed signs of improvement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) on Thursday stated that the country had successfully maintained its current account surplus for the fourth consecutive month since July, according to news sources. Read: State Bank introduces int\u2019l payment system for local companies, freelancers According to the details revealed, the current account stats for October registered a surplus of USD 382 million against USD 59 million registered in September \u2014 highlighting a total increase of 547%. However, the cumulative surplus during the July to October in the going financial year stood at 1.16 billion \u2013 against the deficit of USD 1.419 billion during the corresponding period of last year. Read: State Bank makes asset declaring process simpler Reportedly, the situation regarding the current account started shifting in FY 20, when current account deficit fell to USD 3 billion \u2013 almost a quarter of last year\u2019s level. The improvement was recorded on a broad-based basis as the sectors of trade, services and secondary income accounts showed signs of improvement.<\/p>\n","protected":false},"author":75,"featured_media":64432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017],"tags":[43107,21853],"persona":[],"class_list":{"0":"post-72204","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"tag-sbp-announces-current-account-surplus-for-4th-consecutive-month","10":"tag-state-bank-of-pakistan-sbp","11":"cat-15016-id","12":"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 announces current account surplus for 4th month - Zameen News<\/title>\n<meta name=\"description\" content=\"According to SBP data, the current account stats for October registered a surplus of USD 382 million against USD 59 million registered in September\" \/>\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\/sbp-announces-current-account-surplus-for-4th-consecutive-month.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBP announces current account surplus for 4th month - Zameen News\" \/>\n<meta property=\"og:description\" content=\"According to SBP data, the current account stats for October registered a surplus of USD 382 million against USD 59 million registered in September\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/sbp-announces-current-account-surplus-for-4th-consecutive-month.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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