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KARACHI: Pakistan’s total liquid foreign exchange reserves recorded a modest rise of $277 million during the past week. According to the State Bank of Pakistan’s (SBP) weekly report released on Thursday, the country’s total liquid foreign exchange reserves reached $16.875 billion as of June 6, 2025, up from $16.598 billion
KARACHI: The Pakistani rupee weakened against the US dollar on Wednesday, depreciating by 0.09% during the trading session. By the close of the day, the local currency settled at Rs282.47, marking a decline of Re0.26 compared to Tuesday’s closing rate of Rs282.21. On the global front, both the US dollar
KARACHI: As part of its Vision 2028 initiative, the State Bank of Pakistan (SBP) has announced the launch of the Pakistan Real-Time Interbank Settlement Mechanism Plus (PRISM+), effective from June 16, 2025. This move aims to enhance the country’s National Digital Payments Infrastructure. PRISM+ is based on the ISO 20022
KARACHI: The Pakistani rupee posted a slight decline against the US dollar on Tuesday, slipping by 0.01% during intraday trading. By the day’s end, the local currency closed at 282.21 against the greenback, marking a depreciation of Re0.04.In the previous session held on Thursday, the rupee had settled at 282.17….
