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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...
- Four myths about the falling rupee and what India must actually doIndia's rupee is facing pressure from global events. The nation needs a plan to tackle weaknesses that amplify these impacts. Energy indepe...
- Why stock market fell today? Sensex plunges 850 pts, Nifty below 24,200. 6 reasons behind selloffIndian equity benchmarks declined for a second straight session, pressured by a spike in crude oil prices, a weakening rupee and rising geo...
- Global Market Today: Oil jumps, stocks wobble as Mideast ceasefire hangs in the balanceMiddle East tensions sent oil prices soaring and stock markets wavering as shipping through the Strait of Hormuz slowed to a crawl. Despite...
- Indian rupee gains, hedging costs dip as oil price cool-off offers reliefA drop in oil prices boosted the rupee and reduced hedging costs, easing pressure on importers and improving currency sentiment.
- GIFT Nifty jumps over 300 pts, signals positive start; here's the trading setupIndian markets saw a strong rebound after six weeks of decline, boosted by positive global sentiment. Hopes for a US-Iran ceasefire initial...
- 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 ...
- 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...
- Pakistan's forex reserves fall to $11.122 bnPakistan'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...
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