pakistan forex reserves

A currency trader counts Pakistani Rupee notes as he prepares an exchange of US dollars in Islamabad, Pakistan (Image: Reuters/Representative)Pakistan's total foreign currency reserves, including net reserves held by banks, stood at $9.56…

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People jostle to buy subsidized sacks of wheat flour from a sale point in Quetta, Pakistan. People are suffering from recent price hike in wheat-flour in Pakistan. | Photo Credit: AP/Arshad Butt Pakistan’s economy is on the brink of…

Last Updated: January 19, 2023, 09:39 ISTWashington, United StatesPakistan is fearing that it may default on its debt obligations as its forex reserves continue to dwindle (Image: Reuters)Pakistan’s forex reserves are dwindling and it has…

Pakistan's economic turmoil stoked by International Monetary Fund's loan trance and devaluation of Pakistani rupee has hit a new low. Pakistan's finance minister Mohammad Ishaq Dar admitted on Wednesday that the country is facing a massive…

NEW DELHI: In a bid to avert a default in debt payment, Pakistan army chief General Qamar Javed Bajwa has reached out to the United States seeking help in securing an early loan disbursal from the International Monetary Fund (IMF), a report…

Cash-starved Pakistan could face a serious economic problem as its foreign exchange reserves are depleting fast amid rising external debt servicing, according to a media report on Wednesday. The country's external debt servicing rose to…

Luxury cosmetics have been included in the import ban listKARACHI: Pakistan has banned the import of all non-essential luxury goods in a bid to stabilize the economy, the information minister said on Thursday, describing the situation as an…