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PAKISTAN FOREX
Will Sensex, Nifty bounce back on Monday? Iran peace deal risks among 5 factors to drive D-St this weekIndian stock markets experienced a sharp decline on Friday, breaking a five-day winning streak. Key factors influencing Dalal Street next w...
Pakistan issues 737 visas to Indian pilgrims for Guru Arjan Dev Ji Martyrdom Day eventsPakistan has granted 737 visas to Indian Sikh pilgrims. They will travel to Pakistan for events commemorating the Martyrdom Day of Guru Arj...
Rupee falls 30 paise to 85.88 against US dollar in early tradeThe Indian Rupee weakened against the US dollar due to rising tensions between India and Pakistan. The rupee fell to 85.88, a 30 paise drop...
Forex reserves show a pauperised Pakistan, a prospering IndiaSince 1947, India and Pakistan have diverged economically, most notably in foreign exchange reserves. India's reserves soared to over $688 ...
Pakistan's foreign reserves continue to decline due to loan repaymentThe foreign exchange reserve continued its downward trend and recorded at USD 8.21 billion as of January 26 which is a USD 54 million drop ...
As crisis deepens, Pakistan's public assets are up for salePakistan's source funds from friendly countries which were flowing in are dried up. At present, the crisis stuck Pakistan is not getting ea...
Pakistan’s flawed external debt policyIt is a pertinent question to enquire whether Pakistan's external debt of USD 126.3 billion (by the end of December 2022) is unsustainable ...
China approves $700 million loan to Pakistan: Finance Minister Ishaq DarThe credit facility, extended through the state-owned China Development Bank, comes as Pakistan is thrashing out a deal with the Internatio...
State Bank of Pakistan's forex reserves reach $4.34 billion, Islamabad left with three weeks of import coverIn addition, remittances in July-December 2022 period were recorded at USD 14.1 billion, which is USD 1.7 billion less than in the same per...
Pakistan is South Asia's weakest economy: World Bank reportPakistan had unprecedented floods in July last year, devastating large swathes of farmlands. The forex reserves in the country which hit a ...
How India and Pakistan have fared since IndependenceIn 75 years of their independent existence, India and Pakistan have seen many ups and downs. How have both nations fared on different socio...
Pakistan on brink of economic collapsePakistan's current economic indices are quite poor. According to the UNDP, Pakistan is facing a debt in excess of USD 250 billion.
Pakistan's China debt at $6.6 billion in past 10 months; funds mostly used on two nuclear plantsChina gave $628.4 million for the construction of two ongoing nuclear power plants in the past 10 months, Pakistan finance ministry statist...
China extends currency swap deal with PakistanThe People's Bank of China, the country's central bank, said today it had extended a currency swap agreement with the State Bank of Pakista...
Pakistan forex reserves cross $15-billion markPakistan faces huge economic challenges due to deteriorating law and order situation. The government, however, is trying to bring in more i...
- Pak formally seeks $9 billion IMF emergency aid: Report
Faced with dwindling foreign exchange reserves, Pakistan has formally sought a $9 billion emergency assistance from the International Monet...
- Pakistan's forex reserves fall to $11.122 bn
Pakistan's foreign reserves fell $162 million to $11.122 billion in the week that ended on July 5, as heavy outgoings for oil payments canc...