• About Us
  • Our Contributors
  • Privacy Policy
  • Contact
Tuesday, December 5, 2023
  • Login
No Result
View All Result
NEWSLETTER
FactFile
  • Home
  • National
  • International
  • Economy
  • Health
  • Science
  • Sports
  • Tech
    WhatsApp allows iOS users to send photos & videos as documents

    WhatsApp allows iOS users to send photos & videos as documents

    WhatsApp now allows you to share stickers in channels

    WhatsApp now allows you to share stickers in channels

    Meta introduces ad-free plans for Instagram, Facebook in Europe

    Meta introduces ad-free plans for Instagram, Facebook in Europe

    Elon Musk's X launches two new premium subscription plans

    Elon Musk’s X launches two new premium subscription plans

    TikTok releases Community Guidelines Enforcement Report

    TikTok releases Community Guidelines Enforcement Report

    Huawei's China smartphone sales surge in Q3 as Apple declines research firms

    Huawei’s China smartphone sales surge in Q3 as Apple declines research firms

  • Entertainment
    Viral Aurat March video was edited & misconstrued: Meher Bano

    Viral Aurat March video was edited & misconstrued: Meher Bano

    Ahmad Shah’s little sister Ayesha passes away

    Ahmad Shah’s little sister Ayesha passes away

    Sania Saeed’s opinion on growing unkindness in children

    Sania Saeed’s opinion on growing unkindness in children

    Bollywood film director Sanjay Gadhvi passes away

    Bollywood film director Sanjay Gadhvi passes away

    Why several Arab countries banned 'Tiger 3'? You need to know

    Why several Arab countries banned ‘Tiger 3’? You need to know

    Natasha Ali opens up on enmity with Faizan Sheikh

    Natasha Ali opens up on enmity with Faizan Sheikh

    'Stranger Things' reveals filming date for season 5

    ‘Stranger Things’ reveals filming date for season 5

    Asim Azhar fumes at university students after Hania Aamir chants

    Asim Azhar fumes at university students after Hania Aamir chants

    Kareena Kapoor shares her first look from ‘Singham Again’

    Kareena Kapoor shares her first look from ‘Singham Again’

  • Opinion
  • Home
  • National
  • International
  • Economy
  • Health
  • Science
  • Sports
  • Tech
    WhatsApp allows iOS users to send photos & videos as documents

    WhatsApp allows iOS users to send photos & videos as documents

    WhatsApp now allows you to share stickers in channels

    WhatsApp now allows you to share stickers in channels

    Meta introduces ad-free plans for Instagram, Facebook in Europe

    Meta introduces ad-free plans for Instagram, Facebook in Europe

    Elon Musk's X launches two new premium subscription plans

    Elon Musk’s X launches two new premium subscription plans

    TikTok releases Community Guidelines Enforcement Report

    TikTok releases Community Guidelines Enforcement Report

    Huawei's China smartphone sales surge in Q3 as Apple declines research firms

    Huawei’s China smartphone sales surge in Q3 as Apple declines research firms

  • Entertainment
    Viral Aurat March video was edited & misconstrued: Meher Bano

    Viral Aurat March video was edited & misconstrued: Meher Bano

    Ahmad Shah’s little sister Ayesha passes away

    Ahmad Shah’s little sister Ayesha passes away

    Sania Saeed’s opinion on growing unkindness in children

    Sania Saeed’s opinion on growing unkindness in children

    Bollywood film director Sanjay Gadhvi passes away

    Bollywood film director Sanjay Gadhvi passes away

    Why several Arab countries banned 'Tiger 3'? You need to know

    Why several Arab countries banned ‘Tiger 3’? You need to know

    Natasha Ali opens up on enmity with Faizan Sheikh

    Natasha Ali opens up on enmity with Faizan Sheikh

    'Stranger Things' reveals filming date for season 5

    ‘Stranger Things’ reveals filming date for season 5

    Asim Azhar fumes at university students after Hania Aamir chants

    Asim Azhar fumes at university students after Hania Aamir chants

    Kareena Kapoor shares her first look from ‘Singham Again’

    Kareena Kapoor shares her first look from ‘Singham Again’

  • Opinion
No Result
View All Result
FactFile
No Result
View All Result
Home Economy

Pakistan’s external debt of $95 bn is low: SBP

by Arshad Khan
July 22, 2022
in Economy
0
Pakistan's external debt of $95 bn is low: SBP
Share on FacebookShare on TwitterWhatsapp

State Bank of Pakistan (SBP) acting Governor Murtaza Syed on Friday said that Pakistan’s external debt of $95 billion is very low.

Pakistan’s external debt of $95 bn is low: SBP. Murtaza Syed said in an interview with a foreign broadcasting organization said that “Pakistan is being unfairly branded with other countries that are much more vulnerable.”

“This is because there is little discrimination between countries in the current times of panic across markets, which are responding in a broad-brush way to the global commodity super cycle, unprecedented Fed tightening, and geopolitical tensions.”

“Pakistan will be able to meet its financial needs comfortably,” he added.

“Pakistan’s external debt of $95 billion is also low, predominantly held by the public sector and mainly sourced from concessional multilateral and bilateral sources”, Syed said.

More From FactFile: Dollar climbs to Rs210.95 despite IMF node

While the downward slide of the Pakistani rupee (PKR) continues as the currency has lost Rs1.56 in the interbank market against the US dollar despite the government’s assurances of market stability in the coming days.

According to the data released by the State Bank of Pakistan (SBP), the rupee closed at 228.37, losing Rs1.56 or 0.68%.

As per the economic experts, the downfall of Pakistani rupee against the US dollar is due to the political uncertainty in the country.

The decline in the rupee’s value has accelerated after rating agency “Fitch” downgraded Pakistan’s rating, increased Euro-bond yields and no active supply from the State Bank.

Tags: Murtaza SyedPakistanPakistan EconomySBPState Bank of Pakistan
Arshad Khan

Arshad Khan

Next Post
New York reports 1st US polio case in nearly a decade

New York reports 1st US polio case in nearly a decade

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Landsliding suspends traffic at highway connecting KP & Balochistan

Landsliding suspends traffic at highway connecting KP & Balochistan

8 months ago
Nawaz Sharif gets bail in Toshakhana case after relief in other references

Nawaz Sharif to fly to Saudi Arabia tomorrow

2 months ago

Connect with us

Newsletter

Subscribe to receive regular updates from FactFile.
SUBSCRIBE

Category

  • Business
  • Economy
  • Entertainment
  • Fashion
  • Health
  • International
  • Lifestyle
  • National
  • Opinion
  • People
  • Science
  • Sports
  • Tech
  • Uncategorized

Site Links

  • About Us
  • Our Contributors
  • Privacy Policy
  • Contact

About Us

FactFile is a digital resource from Frontier Media focusing on factual news and information.

  • About Us
  • Our Contributors
  • Privacy Policy
  • Contact

© 2022 FactFile

No Result
View All Result
  • Home
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Fashion
  • Lifestyle
  • Tech
  • Health

© 2022 FactFile

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In