State Bank of Pakistan and Abu Dhabi Fund for development sign agreement for $ 2.0 Billion Deposit

MG News | March 09, 2019 at 03:15 PM GMT+05:00

0:00

March 9, 2019 (MLN): The Agreement for the placement of the second tranche of US$ 2.0 billion by Abu Dhabi Fund for Development (ADFD) with the State Bank of Pakistan (SBP) has been signed between the SBP and the ADFD.

According to a statement released by the Central Bank, these funds are expected to be received shortly by SBP. It may be recalled that the first tranche of US$ 1.0 billion has already been received by SBP in January 2019.

Copyright Mettis Link News

Related News

Key Pakistan Market Stats and Economic Indicators

SBP’s FX Purchases Jump to USD 1.02bn in September

Name	Price/Vol	%Chg/NChg
KSE100	173,939.01 704.34M	2.37% 4027.06
ALLSHR	103,800.94 1,437.41M	2.39% 2426.33
KSE30	52,809.97 362.40M	2.60% 1336.81
KMI30	250,755.67 244.03M	1.91% 4699.35
KMIALLSHR	67,535.39 726.81M	2.02% 1339.91
BKTi	48,513.82 194.95M	4.11% 1916.74
OGTi	36,285.58 28.58M	3.08% 1083.83

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	74,740.00	74,750.00 73,810.00	-2860.00 -3.69%
BRENT CRUDE	95.00	97.50 94.75	4.62 5.11%
RICHARDS BAY COAL MONTHLY	103.25	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	101.45	0.00 0.00	-0.45 -0.44%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	86.93	89.60 86.72	4.34 5.25%
SUGAR #11 WORLD	13.50	0.00 0.00	0.02 0.15%