Forex reserves fall $14.15 bn in last one month on valuation impact, RBI intervention

[ad_1] Country’s foreign exchange reserves have declined by $14.154 billion in almost one month due to valuation loss and the Reserve Bank of India’s (RBI) intervention in the currency spot…

Serious economic crisis due to austerity policies, and weak multilateralism

[ad_1] Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in many developing countries, after an initial allocation from $650 billion released in August 2021…

Enhancement in exports requires wide structural reforms, says BMP

[ad_1] LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel stressing the need for putting the economy on a sustainable growth trajectory by providing incentives to the…

Shape up or ship out!

[ad_1] For the past few months, there has been significant concern and consternation over the possibility of a Pakistani “default,” which has been extensively covered in both local and international…