Foreign exchange reserves

Pakistan Foreign Minister Bilawal Bhutto Zardari and Minister of State for Foreign Affairs Hina Rabbani Khar along with other senior officials have arrived in Davos to attend the World Economic …

The news that Saudi Arabia is ready to provide assistance to cash starved Pakistan has made headlines. But policymakers’ worries continue as the timing of the assistance to the South …

Pakistan Prime Minister Shehbaz Sharif, who is currently in Geneva to attend an international Conference on ‘Climate Resilient Pakistan’ along with UN Secretary General Antonio Guterres, has managed to secure …

Is Pakistan going the Sri Lanka way? Pakistan is staring at bankruptcy even as it managed to repay about $1 billion to two foreign commercial banks on Saturday. In the …

After severely criticising the International Monetary Fund (IMF) for setting stringent riders for the $7 billion loan package under the Extended Fund Facility (EFF) programme, Pakistan’s Finance Minister Ishaq Dar …

Pakistan’s foreign exchange reserves held by its central bank has fallen by $294 million in a week to $5.821 billion – just enough to cover imports for a little more …

Pakistan will step into the new year with uncertainty. Come January, Islamabad will be required to make repayments of $1 billion to two commercial banks in the Gulf. In the …

S&P Global Ratings further downgraded Pakistan’s long term sovereign credit rating to ‘CCC+’ from ‘B-‘. Pakistan, foreign exchange reserves which are already under $7 billion level will continue to remain …

As Pakistan drastically slashed fuel prices, what will the International Monetary Fund’s (IMF) stand on the ongoing loan programme? Will the multilateral agency continue with the financial assistance programme for …

Pakistan’s foreign exchange reserves at $6.72 billion – lowest in almost four years — mostly comprises borrowed money from other countries and multilateral agencies. Its own reserves are perilously close …

As Pakistan’s foreign exchange reserves held by its central bank fell to $6.7 billion during the week that ended December 2, Islamabad may have to look at restructuring its debt. …

Even as Pakistan assured that it will not fail in debt repayment due in early December, the risks of a possible default will linger. Jameel Ahmad, Governor, State Bank of …

Pakistan’s economic crisis driven by severe cash crunch has led to a sharp reduction in government expenditure. According to data, about 10 ministries received no funds in the first quarter …

Pakistan’s foreign exchange reserves have dipped below the psychological $8 billion mark to touch $7.8 billion during the week ended September 30. On September 23, the State Bank of Pakistan …

Pakistan’s devastating floods which could cost more than $30 billion to the exchequer have once again sparked fears of a possible default. Until the creditors provide debt relief measures and …

<p> <strong>Pakistan’s foreign exchange reserves has further fallen. According to the State Bank of Pakistan, the foreign exchange reserves held by the central bank stood at $7.83 billion as on …

<p> <strong>Bangladesh Finance Minister AHM Mustafa Kamal has come out openly warning countries to be watchful of Chinese loans which are directed through the Belt and Road Initiative (BRI). Interestingly, …

<p> <strong>Bangladesh’s sudden decision to hike fuel prices by about 50 per cent at one stroke– the highest since independence — at a time when global crude prices are easing …

<p> <strong>Massive protests have erupted in Bangladesh after the Sheikh Hasina government announced fuel price hike by more than a whopping 50 per cent in one stroke —the highest since …

<p> <strong>Pakistan is in a bind.</strong></p> <p> <strong>Cash starved Pakistan’s struggle to secure the much-needed bailout package from the International Monetary Fund (IMF) is set to continue for sometime as …

<p> <strong>For Pakistan, with foreign exchange reserves of just $9.2 billion—enough for imports for less than two months, the clock is ticking as negotiations with the International Monetary Fund (IMF) …