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SBP-held foreign exchange reserves surge $1.21bn to $18.33bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $1.21 billion to $18.33 billion during the week ended September 4, 2026, mainly due to the receipt of government commercial loan proceeds. In its weekly reserves statement, the SBP said the country’s total liquid foreign exchange reserves stood at $23.72 billion as of September 4, 2026. Of these, commercial banks held…

SBP-held foreign exchange reserves surge $1.21bn to $18.33bn

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HSBC CFO Pam Kaur to step down

The first woman to serve as finance chief at Britain’s largest bank will leave before next year’s annual general meeting and will not stand for re-election to the lender’s board.

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