Pakistan’s Foreign Reserves Triple Without New Debt as SBP Charts Stability Path
Pakistan’s foreign exchange reserves have tripled to $14.5 billion without new debt, inflation has dropped to record lows, and the current account shows a surplus after 14 years, according to SBP Governor Jameel Ahmad, who also announced new digital finance initiatives to strengthen long-term stability.
Pakistan’s Eurobonds Trade Above Par for First Time in Years, Signaling Investor Optimism
For the first time in years, three of Pakistan’s Eurobonds are trading at a premium in global markets, reflecting renewed investor confidence driven by credit rating upgrades, timely debt repayments, and rising foreign exchange reserves.
SBP Holds Policy Rate Steady at 11% Amid Inflation and Fiscal Caution
The State Bank of Pakistan has kept its policy rate unchanged at 11%, citing inflation control and external sector stability. Despite business sector calls for rate cuts, SBP maintains a cautious stance amid fiscal and global uncertainties.