Posts tagged as: Forex reserves

Pakistan’s foreign exchange reserves fall to $ 16.34bn

Pakistan’s foreign exchange reserves fall to $ 16.34bn Karachi: (Thursday, March 08, 2012) According to the State Bank of Pakistan, on the week ending on March 2, Pakistan’s foreign exchange reserves fell  from US $ 16.42 billion to $ 16.34 billion. From earlier reserves of $ 12.06 billion, the foreign exchange held by State Bank […]

Pakistan’s forex reserves witness marginal improvement

Pakistan’s forex reserves witness marginal improvement Karachi: (Thursday, February 02, 2012) In the week ending on January 27, Pakistan’s foreign exchange reserves witnessed a marginal improvement as from $ 16.80 billion in the previous week; they have reached to $ 16.87 billion, reported State Bank of Pakistan today. Lately, the highest level forex reserves maintained […]

Forex reserves jumps to $ 16.77bn; State Bank of Pakistan

Forex reserves jumps to $ 16.77bn; State Bank of Pakistan Islamabad: (Thursday, December 29, 2011) at a time when good news about country’s economy has become least expected, the State Bank of Pakistan (SBP) revealed today that in the week ending on Dec 23, country’s foreign exchange reserves, which stood at $ 16.66bn in the […]

IMF fears security concerns may further limit capital inflows to Pakistan

IMF fears security concerns may further limit capital inflows to Pakistan The International Monetary Fund (IMF) on Tuesday warned the outlook for Pakistan’s economy for the current fiscal year ending June 2012 is “challenging” adding that the global risk aversion and security concerns might further limit capital inflows to the country. The fund held talks […]

Pakistan to meet IMF delegation in Dubai next week

Pakistan to meet IMF delegation in Dubai next week Pakistan will meet an International Monetary Fund (IMF) delegation from November 9 to 16 to review the situation of Pakistan economy, sources from inside the finance ministry of the country said on Friday. The Federal Finance Minister of Pakistan, Dr Abdul Hafeez Sheikh had said on […]

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