Tag: Forex

IMF forecasts increase in Pakistan’s forex reserves

    The International Monetary Fund (IMF) has predicted a significant increase in the accumulation of forex reserves of Pakistan. This will help the State Bank...

Forex reserves increase to $23b

    The State Bank of Pakistan (SBP) on Monday said the total liquid foreign reserves held by the country stood at $23.085 billion on July...

Pakistan’s Liquid Foreign Reserves reach $21.415 billion

The total liquid foreign reserves (FX reserves) held by the country stood at $21.415.1 billion on June 10. Giving the break-up of the foreign reserves...

China forex reserves fall almost $100 bln in January

China’s foreign exchange reserves have fallen to their lowest level in more than three years, the central bank said Sunday, as Beijing sells dollars...

Dollar inter-bank rate hits record high for 2015

The United States dollar rose further against the rupee in the inter-bank market, hitting a 2015 high of Rs 106.10 during the day's trading...

Dar says we’re going up, forex reserves cross $ 15b

Pak ready for 6th IMF review in late January as finance minister speaks of progress on key indicators   Addressing a press conference Monday, Finance Minister...

Importers pushed towards forward booking dollar at Rs 101!

The value of the rupee is touching the lowest ebb against the dollar in the history of Pakistan, apparently, because of the country’s fast...

Forex improves to $ 14.828b

The foreign exchange reserves of the country have increased by $ 26 million to $ 14.828 billion on September 7, 2012. According to State...

Forex reserves jump to $15‚542 bn

Country's foreign exchange reserves surged by $967 million to more than $15‚542 billion on receipt of $ 1.18 billion under Coalition Support Fund (CSF). According...

Malaysian clerics forbid forex trading

Malaysia’s highest Islamic body has issued an edict forbidding foreign exchange trading by Muslim individuals, saying such speculation violates Islamic law. The National Fatwa Council...

Forex reserves dip to $16.802 billion

The country’s foreign exchange reserves are constantly decreasing and contracted by $99 million or 0.5 per cent during the week ended on January 20....

Forex reserves move up to $16.769b

The country’s liquid foreign exchange reserves remained in the green zone this week inching up to $16.769 billion, the central bank reported Thursday. This...

Forex reserves dip to $17.146 billion

Maintaining a week-long sea-sawing trend, the country’s liquid foreign exchange reserves slid to $17.146 billion during the week ending on the 28th of last...

Forex reserves inch up to $17.209b

The country’s foreign exchange reserves remain almost flat at $17.209 billion during the current week ending on the 21st of this month. Following a...

Forex reserves tumble to $17.16b

The country’s liquid foreign exchange reserves continue to seesawing at the $17 billion mark with the latest week again witnessing a decline of $175...

Forex reserves cross $17 billion again

Following a declining trend for the last four consecutive weeks the country’s foreign exchange reserves exhibited a recovery. Whereas, Pakistan’s inflated oil and food...

Swelling oil and food imports drain forex reserves

Pakistan’s dollar reserves have sustained a declining trend as the oil and food imports bill has climbed to $32 billion in the first 10...