forex

Earlier, the reserves had been on downward spiral for several weeks

Decrease comes on account of external debt servicing, other official payments

Decrease for 18th successive week on account of debt servicing, official payments

Since December, the rupee has cumulatively shed close to 9% of its value

Since December, the rupee has cumulatively shed close to 9% of its value

SBP maintains that the slide in rupee’s value is due to supply and demand dynamics of forex

News of amnesty scheme, sector-specific developments help index rise 1,077 points

Pakistan’s total liquid foreign exchange reserves dropped to $18 billion from $23 billion

Experts foresee dollar in range of Rs112-118 in inter-bank market by June

IMF’s post-programme report further dampens investor sentiments

Estimates suggest undocumented economy amounts to $300 billion

In the last couple of months the rupee has cumulatively shed over 4% of its value

People are converting their savings into the greenback to ward off impact of further rupee depreciation

This is the third commercial loan Pakistan has acquired from Credit Suisse in the past five months

Amount to $3.01tr; yuan showing signs of stabilisation

Total liquid foreign reserves, including net reserves stood at $21,795.9m

Movements in exchange rate have far-reaching socio-economic impacts

Country is selling foreign exchange to buy its yuan currency, analysts say

Record tax revenues, forex reserves achieved with the help of reforms.

The SBP received $918 million in November from multilateral, bilateral and other official sources

The rupee remained stable against the dollar at 104.3/104.5 in the inter-bank market on Monday

In the long run, the rupee has stood firm after experiencing extensive volatility

SBP’s foreign exchange reserves have gone from as low as $4 billion to over $15 billion in two years

Minister insists money was borrowed to pay back debt

Finance minister says govt received different transactions worth $1.6bn since Wednesday, which pushed up reserves

Artificially appreciated currency ends up subsidising imports, serves as an effective disincentive against FDI

It will not be a surprise if exporters now resort to blaming the expensive imports for their woeful performance

The currency market has remained stable for the past many months after experiencing extensive volatility

SBP deputy governor dismisses notion that exporters’ demands were met.

SBP’s liquid foreign exchange reserves decreased $157 million to $13,386 million

Friday’s close of 101.5/101.7