Foreign reserves
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SBP penalises 7 more banks for forex violations
Imposes fines of Rs775.54m on financial entities amid low foreign reserves
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Foreign reserves surge by $77 million
Net foreign reserves held by commercial banks stood at $5,135.8 million.
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Pakistan needs convincing budget for any chance of more cash: IMF
$6.5b EEF loan hangs in balance ahead of FY24 Budget set to be presented tomorrow
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Rupee makes minor gains after govt meets final IMF condition
Local currency recovered to Rs284.25 per US dollar, ending its four days losing streak
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SBP’s forex reserves rise to $3.8b
Central bank attributes increase to $700m Chinese loan disbursement
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Are FX reserves a true indicator of progress?
We can agree to disagree here, but foreign reserves are as true of an indicator as the stock market
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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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No signs of economic relief
Govt could avoid trade curbs, allow adjustment in rupee value to reduce deficit
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SBP, PBoC to conduct trade in yuan
RMB arrangement to boost Pakistan’s foreign reserves, reduce dependence on USD
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SBP’s forex reserves stand at $7.59b
Reserves record no major change in week ended October 14
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China agrees to refinance over $2b debt
Also withdraws condition that Pakistan cannot use proceeds of $2.3b commercial loan
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FBR takes notice of seizing ‘luxury items’ from travellers at airports
Revenue authority directs customs officials to only seize commercial quantities of banned imported goods
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Rupee hits new record low of Rs192.53 against dollar
Miftah links rupee’s recovery to coming out of PTI-IMF deal’s clutches
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Foreign exchange: SBP reserves rise $2m to $16.42b
Central bank cites no reason for increase
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Foreign exchange: SBP reserves fall $830m to $15.6b
Decrease comes due to payment of $1b worth of commercial loan
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Foreign exchange: SBP reserves fall $63m to $16.04b
Decrease comes due to external debt repayment
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Foreign exchange: SBP reserves rise $2.6b to $16.1b
Increase attributed to proceeds of $2.5b from Eurobond issue
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Foreign exchange: SBP reserves rise $378m to $13.7b
Increase comes on back of receipt of $498.7m from IMF
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Foreign exchange: SBP reserves rise $275m to $13.3b
Central bank cites no reason for increase
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Foreign exchange: SBP reserves rise $4m to $13b
Central bank cites no reason for increase
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Foreign exchange: SBP reserves rise $70m to $12.98b
Increase comes due to official inflows of government
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Foreign exchange: SBP reserves fall $12m to $13.4b
Central bank cites no reason for decrease
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SBP reserves rise $261m to $13.41b
Increase comes due to official inflows of government
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Foreign exchange: SBP reserves rise $261m to $13.41b
Increase comes due to official inflows of government
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PM Imran lauds ‘remarkable turnaround’ in Pakistan’s economy
Foreign exchange reserves increase to $13 billion, says premier
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SBP reserves remain stable at $13.29b
Central bank cites no reason for unchanged reserves
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SBP reserves fall $305m to $13.1b
On November 27, the foreign currency reserves held by the SBP were recorded at $13,110.9 million
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Foreign exchange: SBP reserves fall $305m to $13.1b
Decrease comes due to external debt repayments
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Foreign exchange: SBP reserves rise $484m to $13.4b
Increase comes due to government’s official inflows
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Foreign exchange: SBP reserves rise $55m to $12.12b
Total liquid foreign currency reserves stand at $19.29b
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SBP reserves rise $268m to $12.06b
Increase comes on account of govt’s official inflows
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SBP reserves rise $13m to $12.8b
Central bank cites no reason for the increase
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SBP reserves rise $71.9m to $12.71b
Central bank cites no reason for increase in reserves
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Foreign exchange: SBP reserves rise $13m to $12.05b
The foreign exchange reserves held by the central bank increased 0.11%
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Foreign exchange: SBP reserves fall $146m to $9.96b
Decline attributed to govt’s external debt payment of $244.5m
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SBP reserves fall $266m to $10.1b
Drop comes due to external debt repayment of $301 million
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Current account deficit shrinks 72% in Jul-Jan FY20
Pace of drop in deficit slows as govt eases import curbs to step up economic activities
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In Pakistan, banks' foreign reserves continue to drop
Reserves depleted by around $1b from August 2019 to January 2020
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Foreign exchange: SBP reserves jump $146m to $11.7b
Central bank cites no reason for increase in reserves
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Foreign exchange: SBP reserves jump $443m to $8.4b
Central bank cites no reason for improvement
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Foreign exchange: SBP reserves inch up $22m to $7.9b
Central bank cites no reason for improvement
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Pakistan’s foreign policy wins
All financial matters act as foundation of other problems of energy and power, poverty gap, corruption and injustice
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SBP reserves fall $788m to stand at $8.06b
Decrease comes on back of external debt servicing, other official payments
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Pakistan to receive $4.1b from UAE, China soon: finance minister
UAE is giving $2b at 3% interest while China to lend $2.1b at 2.5%; inflow will raise SBP reserves to $12b
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Foreign currency reserves remain persistently on downhill course
At $10.79b, they now cover less than two and a half months of imports
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Dr Ishrat Husain calls for more trade in Chinese yuan
Believes diversification of foreign reserves will create more options for Pakistan
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SBP’s reserves fall 1% to stand at $13.54b
The decline in reserves has been attributed to external debt and other official payments
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Amid declining reserves, Pakistan set to start borrowing journey
Will hold roadshows starting today in bid to raise $3 billion
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Foreign exchange: SBP’s reserves rise 0.07% to $13.86b
Net reserves held by banks amounted to $6,050.9 million
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Foreign exchange: SBP’s reserves continue to drop, stand at $13.85b
In January, SBP made $500-million loan repayment to State Administration of Foreign Exchange (SAFE), China