foreign currency

Hours-long traffic jam ensues as surrounding residents are inconvenienced

Pakistan beats lender’s June-end projection more than one month ahead

Agency affirms ‘CCC’ rating for Pakistan that reflects high funding risks

Reaches just below Rs286/$ on improved supply of foreign currency

Stresses inter-agency coordination to curb menace

Since the group seized power in mid-August, the national currency the Afghani has depreciated

Non-resident Pakistanis deposited largest amount of $7.7m in a day on Wednesday

Pakistan recorded an inflow of $2.3b foreign currency in September

Inflows exceed $2b mark for third consecutive month

Anticipates 27% decline in inflows due to global lockdowns, loss of jobs, drop in income

Reserves depleted by around $1b from August 2019 to January 2020

These are fairly temporary, make economies extremely vulnerable to external factors

Meeting deliberates over doing business with China, UAE in Yuan, dirham

Indian media reported the O Re Piya singer was given 45 days to respond

Federal govt initiates investigation

Individuals consumed close to 63% of the total volume

Expectations of dollar inflows under amnesty scheme ease pressure

At $10.79b, they now cover less than two and a half months of imports

Foreign currency worth 30 lakh Indian rupees had been smuggled by Kamal in the past

ASF officials complain of political influence

Many other costs were equivalent to those paid by foreigners in Beijing

Senator Saleem Mandviwalla has proposed the Protection of Economic Reforms (Amendment) Bill 2016

Move comes after govt backtracked from reviewing existing laws that allow people to transfer money abroad

SBP had received $370 million from multilateral, bilateral and other official sources

SBP-held foreign exchange reserves had increased 3.1% on a weekly basis on April 1

Two months ago, foreign exchange reserves held by the SBP increased 3.5% on a weekly basis

They have been directed to produce evidence of source of the money