Foreign exchange

Claims foreign exchange lost in importing machinery for track, trace system

Central bank confirmed development, increase resulted from receipt of official Government of Pakistan’s inflows

Hits one-week high, closes at Rs284.42 against greenback

Local currency recovered to Rs284.25 per US dollar, ending its four days losing streak

Importers panic buy US dollars while supply of foreign currency in the interbank market is low

Amends foreign exchange manual that also permits withdrawal of investment

Move to help stabilise forex reserves, avert imminent default on external debt

Net FDI was $2.6b in 2019-20 which declined to only $1.87b in 2021-22

Businesses are bearing the brunt of the foreign exchange shortage

Central bank gives no reason for increase to $4.6 billion

Businesses outcry dollar constraint as LSMs, exporters suffer a shortage of raw material

Russian nominal GDP is likely to be $2.14 trillion this year, the highest since 2013

Items have huge potential to generate foreign exchange for the country

Fall $245m in week ended Dec 30 owing to external debt repayment

SBP cites external debt repayment as reason for decrease

Cuts credit score to CCC+, expects foreign reserves to remain under pressure in 2023

State Bank did not give any reason for decrease in reserves

SBP cites $1b payment for Sukuk, other debt repayments as reasons

SBP cites debt repayment as reason for decrease in reserves

Minister says Pakistan received $5,609.92 million in debt and $55.92 million in aid

Reserves came down due to external debt servicing

NEPRA says maximum utilisation of local coal needs to be encouraged

Decision likely to push down dollar rate in forex market

Acting SBP chief says Qatar to provide $2b, Saudi Arabia $1b, UAE $1b over next one year

SDR allocation from IMF lifts reserves to historic highs

Drops to Rs161.48 in inter-bank market due to higher foreign currency outflow

Central bank cites no reason for increase

Decrease comes due to external debt repayment

Increase attributed to proceeds of $2.5b from Eurobond issue

Benchmark index gains 445.12 points to close at 45,186.48

Increase comes on back of proceeds received from Eurobonds issuance

Central bank cites no reason for increase

Central bank cites no reason for decrease

Decrease comes on back of external debt repayments

Decrease comes due to external debt repayments

The foreign exchange reserves held by the central bank declined 2.9% on a weekly basis

Foreign exchange SBP reserves fall $342m to $12.36b

FX regulator says it will conform to global rules to promote further integration

Overall, liquid foreign currency reserves, including net reserves held by banks other than SBP, stood at $19,961.3m

Keeps outlook stable, anticipates surge in foreign exchange reserves

Central bank attributes increase to inflows from multilateral, bilateral agencies

Pakistan cannot afford to create any problem to disturb flow of foreign exchange

The foreign exchange reserves held by the central bank increased 0.11%

Liquid foreign currency reserves held by the country, including net reserves held by banks, stood at $18,869 million

Central bank cites no reason for increase in reserves

Increase attributed to multilateral and other official inflows, including those from ADB

Central bank defends investment, saying it poses limited risk

Will invest money in additional shareholding in South African company

Low yield of rice crop is alarming considering the fact that rice exports earn $2 to 2.5b in foreign exchange

Policymakers will have to adopt Look East policy to solve problem