[ad_1] KARACHI: The State Bank of Pakistan (SBP) foreign exchange reserves recorded a notable increase of $ 1.3 billion during the two-week period supported by the arrival of the government…
Tag: foreign exchange reserves
Central theme of ’24: Fight with inflation for growth
[ad_1] The theme of a column on banking and finance that appears on January 1 is cast in stone — the New Year trends. Before that, a quick recap of…
Pakistan’s promising economic outlook
[ad_1] The finance division’s ‘monthly economic outlook report’ for the month of November reveals that Pakistan’s economy is on a gradual but promising path of recovery. The country has witnessed…
Things seem to be getting better now
[ad_1] Not only has the clarity about country’s economic indicators, including an increase in foreign exchange reserves of State Bank of Pakistan (SBP), given a meaningful boost to country’s stock…
Pakistan: leadership crisis
[ad_1] The primary constituents of economic growth encompass physical capital, infrastructure, human capital, and technology. Pakistan stands among those nations where growth rates have not aligned with its developmental profile…
Rupee rises six paise to 83.32 against U.S. dollar in early trade
[ad_1] The Rupee recovered from its all-time low levels and appreciated six paise to 83.32 against the U.S. dollar in morning trade on November 21, tracking the weakness of the…
Rupee spurts 32 paise to 83.01 against dollar in early trade
[ad_1] The Rupee appreciated 32 paise to 83.01 against the U.S. dollar in morning trade on November 15 as the American currency retreated from its elevated levels after U.S. inflation…
The untamed frontier of foreign exchange
[ad_1] A stable and predictable forex market is a beacon for foreign investors. Their confidence fuels economic growth, creates jobs, and bolsters a nation’s financial strength. Foreign exchange reserves act…
Value of PKR
[ad_1] There have been unusual developments in the value of the rupee (PKR) during the last seven weeks. From a trend in the form of a declining value with respect…
Removing institutional impediments
[ad_1] The past few days have witnessed some encouraging positive developments on the country’s financial front providing the much-needed respite for economy and businesses, deeply marred by uncertainty and pessimistic…