The total liquid foreign reserves held by the country stood at US $ 20.020 billion on 05 January 2018.The break-up of the foreign reserves position is as under:- Summary of Holding and Weekly Change Foreign
Remittance from overseas Pakistanis recorded sharp jump in December as dollar recorded steady rise against domestic currency while increased the arrival of earnings to 1.723 billion dollars. According to latest State Bank data, Remittances during
The State Bank of Pakistan has called an urgent meeting of officials of the Exchange Companies under the chairmanship of Deputy Governor, State Bank of Pakistan. The officials of Exchange Companies led by Mr. Zafar
APP: State Minister for Finance and Economic Affairs, Rana Muhammad Afzal Khan Tuesday said that there was no need at the moment to go to International Monetary Fund (IMF) for loans during the current fiscal
Moody's Investors Service says that the Pakistani rupee (PKR) will likely face ongoing depreciation pressures against the US dollar after a 5% downward adjustment last month. If the PKR depreciates markedly further, the country's central
Dollar in open market recorded substantial gain on the Central Bank ruling curbing imports of dollar from the exchange companies. Dollar in Open Market hit 113 Rupees on back of the last week ruling where
The total liquid foreign reserves held by the country stood at US $ 20,154.3 million on 29 December 2017. The break-up of the foreign reserves position is as under:- Summary of Holding and Weekly Change
One of Pakistan’s acute problems during the year 2017 was the Current Account Deficit, going from negative $ 1.5 billion to $1.436 billion at the year end, Balance of Payment saw its ups and downs.
Referring to news reports in a section of media on Friday wherein it is stated that Pakistan has to pay back $6 billion to foreign creditors in the next six months, the spokesman of the Finance Division
Pakistan and European Union signed Grant Financing Agreement on Promotion of Human Rights in Pakistan amounting to Euro 9.6 million. The agreement will support the continued efforts of the government of Pakistan for the Promotion of Human Rights. The agreement
A Meeting of National Assembly on Finance was held today under the chairmanship of Qaiser Ahmed Shaikh. During the meeting, Mr. Arif Ahmad Khan gave briefing on Economic Affairs Division. He said that during the
The Rupee throughout the year 2017 gave resistance against any downward movement but fell prey to external pressures emanating from heavy debt repayments and fewer Foreign Investment Inflows trickling into the country. The Dollar started
Prime Minister Shahid Khaqan Abbasi chaired a meeting of Economic Coordination Committee (ECC) at Prime Minister’s office today. The ECC approved a proposal of allowing United Towel Exporters Limited to remit € 8.425m from its
According to figures released by the Central Bank, Pakistan's total FX Reserves on Dec 22, 2017 were USD 20.189 Billion. Summary of Holding and Weekly Change Foreign reserves held by Dec 22, 2017 Dec 15,
KSE100 extended on last week gains by closing at 39525.75 points. Index has managed to stay positive as political uncertainties make way for a smooth transition to the interim government after the announcement of election
The total liquid foreign reserves held by the country stood at US $ 20.020 billion on 05 January 2018.The break-up of the foreign reserves position is as under:- Summary of Holding and Weekly Change Foreign
Remittance from overseas Pakistanis recorded sharp jump in December as dollar recorded steady rise against domestic currency while increased the arrival of earnings to 1.723 billion dollars. According to latest State Bank data, Remittances during
The State Bank of Pakistan has called an urgent meeting of officials of the Exchange Companies under the chairmanship of Deputy Governor, State Bank of Pakistan. The officials of Exchange Companies led by Mr. Zafar
APP: State Minister for Finance and Economic Affairs, Rana Muhammad Afzal Khan Tuesday said that there was no need at the moment to go to International Monetary Fund (IMF) for loans during the current fiscal
Moody's Investors Service says that the Pakistani rupee (PKR) will likely face ongoing depreciation pressures against the US dollar after a 5% downward adjustment last month. If the PKR depreciates markedly further, the country's central
Dollar in open market recorded substantial gain on the Central Bank ruling curbing imports of dollar from the exchange companies. Dollar in Open Market hit 113 Rupees on back of the last week ruling where
The total liquid foreign reserves held by the country stood at US $ 20,154.3 million on 29 December 2017. The break-up of the foreign reserves position is as under:- Summary of Holding and Weekly Change
One of Pakistan’s acute problems during the year 2017 was the Current Account Deficit, going from negative $ 1.5 billion to $1.436 billion at the year end, Balance of Payment saw its ups and downs.
Referring to news reports in a section of media on Friday wherein it is stated that Pakistan has to pay back $6 billion to foreign creditors in the next six months, the spokesman of the Finance Division
Pakistan and European Union signed Grant Financing Agreement on Promotion of Human Rights in Pakistan amounting to Euro 9.6 million. The agreement will support the continued efforts of the government of Pakistan for the Promotion of Human Rights. The agreement
A Meeting of National Assembly on Finance was held today under the chairmanship of Qaiser Ahmed Shaikh. During the meeting, Mr. Arif Ahmad Khan gave briefing on Economic Affairs Division. He said that during the
The Rupee throughout the year 2017 gave resistance against any downward movement but fell prey to external pressures emanating from heavy debt repayments and fewer Foreign Investment Inflows trickling into the country. The Dollar started
Prime Minister Shahid Khaqan Abbasi chaired a meeting of Economic Coordination Committee (ECC) at Prime Minister’s office today. The ECC approved a proposal of allowing United Towel Exporters Limited to remit € 8.425m from its
According to figures released by the Central Bank, Pakistan's total FX Reserves on Dec 22, 2017 were USD 20.189 Billion. Summary of Holding and Weekly Change Foreign reserves held by Dec 22, 2017 Dec 15,
KSE100 extended on last week gains by closing at 39525.75 points. Index has managed to stay positive as political uncertainties make way for a smooth transition to the interim government after the announcement of election