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Billions in Dollar and Euro banknotes enter Russia despite sanctions
Russia has managed to import billions in foreign banknotes, circumventing US and EU export bans since March 2022.
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Egypt's tourism revenue reaches $6.6 billion in H1
Egypt's Ministry of Tourism says tourist arrivals during first half of 2024 reached record high of 7.069 million
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SBP buys dollars to offset shortfall
Pakistan receives only $9.7b in foreign loans due to poor credit ratings
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Iranian man returns bag full of gold and dollars to owner
52-year-old found the bag valued at approximately 20 billion Iranian rials ($31,000) in rubbish bin
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Gang of illegal dollar traders busted
Yielded $5,000 from the possession of the accused, evidence suggesting they had illegally sold more than $100,000.
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Govt to tighten noose around dollar hoarders
Decides to collect thorough data on individuals involved in purchasing dollars
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Carateker govt sees dollar at Rs260 soon
Commerce minister urges people holding dollars to release them into the open market
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Hundi system haven thriving
Dollar Bazaar is frequented by Afghan nationals who do not have access to banks, want quick cash transfers
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Remittances improve by 5% but remain low
Non-residents continue to dispatch funds via informal channels
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Remittances hit new low at $1.89b
Inflows through official channels slip below the $2b mark in Jan
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Businessmen grill SBP chief on greenback
Chamber leaders urge central bank to provide clarity on LCs
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‘Smuggling isn’t causing shortage’
Almost 90% of scarcity is due to hoarding of the greenback, says FBR official
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Forex reserves fall by $14.9m at $6.7b
State Bank did not give any reason for decrease in reserves
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Rupee hits 5-month low in inter-bank market
Closes at Rs159.33 against greenback due to rising import payments
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Rupee weakens against dollar
The rupee weakened against the US dollar at Rs160.59 in the inter-bank market
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Inter-bank market: Rupee strengthens against dollar
The rupee strengthened against the dollar at Rs165.79
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FDI surges 75% to $1.85 billion in July-February period
Jump comes on back of inflows into telecom sector due to licence renewal fee
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Remittances rise 5.4% to $15.13b during Jul-Feb FY20
Earnings amounted to $14.36b in the same period of previous fiscal year
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ECC likely to allow $6m investment in Saudi firm
Pakistani company is seeking to acquire 50% shares in Saudi steel unit
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Amazon’s Jeff Bezos promises $1 billion in bid to see off Indian e-commerce storm
Development comes just two days after authorities launched an anti-trust investigation into the e-commerce giant
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Rupee-dollar parity - from volatility to stability
After free fall, Pakistani rupee is likely to stay stable by the end of current fiscal year
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US donates $21m of kit for Niger militant fight
They have already handed over dozens of armoured vehicles, radio systems, armoured containers
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Pakistan receives $1.3b worth of inflows
Loans will provide much-needed boost to foreign exchange reserves
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Foreign exchange: SBP reserves hit eight-month high at $9.11b
Central bank says its reserves have increased $1.8b this fiscal year
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Engro Polymer to invest $6m in new chemical line
Will inject another $16m into new technology to reduce carbon footprint
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Foreigners invest $678m in debt instruments
Rupee stability, high rates of return push foreigners to resume investment
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FIA halts operation against illegal sale of dollars
Has not taken any action against unauthorised sale, purchase of US currency for two months
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Twitter hits gold after Hamza Ali Abbasi, Shaan Shahid share gems on saving the economy
Isn't it funny when actors turn economic experts? No, it's hilarious.
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Court freezes 20 accounts on FBR’s request
Accounts of accused in separate cases of money laundering, transfer of dollars have been frozen
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Foreign exchange: SBP reserves fall $220m to stand at $10.3b
Report cites external debt servicing, other official payments as reasons for the decline
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FIA detains two in crackdown against dollar hoarding
FIA seizes local and foreign currency worth Rs40m from the suspects in Lahore
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SBP reserves surge 8.8% to stand at $8.84b
Increase comes on the back of inflows from UAE
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Overseas Pakistani's dollars stolen at Karachi airport
Passenger accuses Airports Security Force officials of stealing the money; ASF initiates inquiry
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‘Local production of health equipment will save dollars’
LNH organises a two-day Karachi Healthcare Products Fair 2019
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Foreign exchange: SBP reserves fall 7.34%, amount to $7.46b
Dip comes in wake of external debt servicing, other official payments
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Foreign exchange: SBP reserves fall 3.22%, amount to $7.3b
Decrease attributed to external debt servicing, other official payments
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Foreign exchange: SBP reserves dip 2.62%, stand at $7.3b
Although Saudi Arabia has released $1b, its impact will be reflected next week
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Foreign exchange: SBP reserves dive $196m, stand at $7.48b
Decrease for 12th successive week due to external debt servicing, other official payments
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Foreign exchange: SBP reserves drop $98m, stand at $7.68b
Decrease attributed to payments on account of external debt servicing
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Foreign exchange: SBP's reserves fall $264m, stand at $7.8b
Decrease of 3.26% attributed to external debt servicing, official payments
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Foreign exchange: SBP's reserves plunge $293m, amount to $9.04b
Decrease of 3.14% comes on account of external debt servicing
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Foreign exchange: SBP's reserves fall another 2.64%, amount to $9.62b
External debt servicing cited as reason for the decrease
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Foreign exchange: SBP's reserves slip by $8.1m to $10.23b
Central bank cites no reason for the decrease
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Foreign exchange: SBP's reserves increase $82.2m to $10.23b
Central bank cites no reason for increase
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Dealers traded $8b worth of foreign currency in 2017: SBP
Individuals consumed close to 63% of the total volume
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Foreign exchange: SBP's reserves fall below $9.5b as concerns rise
Decrease of 3.16% comes due to external debt and other official payments
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SBP's foreign currency reserves now stand at meagre $9.66b
Plunge 5.86% week-on-week; decrease attributed to external debt servicing and other official payments
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Speculation sparks heavy buying of dollars in open market
Rupee falls to Rs125.5 to US dollar before recovery
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Foreign exchange: SBP's reserves rise 1.97% to $10.26b due to 'official inflows'
Increase $198.7m during the week, but concern over low level remains
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Foreign exchange: SBP's reserves rise 0.08% to $10.04b
The country's foreign exchange reserves had been on a downward spiral for the past four weeks