India's forex reserves hit about six-month high

India's foreign exchange reserves rose by whopping USD 1.727 billion to USD 573.727 billion in the week ending on...

USD 1.2bn spent on import of cars despite Pak crisis: Report

The News International newspaper reported that Pakistan is facing an acute shortage of dollars and has less than USD...

Pakistan's forex reserves continue to decline: Report

On January 6 the Forex reserves in the State Bank of Pakistan (SBP) touched the lowest mark of USD 4.343 billion...

India's forex reserves rose over USD 10 bln to hit 5-month high

India's foreign exchange reserves rose by USD whopping USD 10.417 billion to USD 572.0 billion in the week ending on...

Pakistan's virtual talks with IMF likely from next week

Amid a reeling economic crisis and falling foreign exchange reserves, virtual talks between Pakistan and...

There's evidence major central banks diversifying away from USD

At present, the US dollar represents slightly more than 60 per cent of global foreign exchange reserves at central...

World Bank slashes Pakistan GDP growth projection to 2 per cent

Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account...

Pakistan: SBP's forex reserves dwindle to USD 4.5 billion

According to sources, the development left Pakistan with an import cover of only under a month, as the country...

Pak economy facing its worst crisis, grim scenario ahead in 2023

Pakistan is facing its worst economic crisis since its birth and a grim scenario dodges Islamabad in 2023 amid...

India's forex reserves decline by USD 691 million

India's foreign exchange reserves fell by USD 691 million to USD 562.808 billion in the week that ended on December...

Pakistan: SBP's forex reserves plunge to 8-year low

The plunge in forex reserve is a worrisome scenario as it will create problems in the repayment of its huge foreign...

Finance Minister Dar admits economic situation of Pak in slump

Despite acknowledging that there were problems with the economy, Pakistan's Finance Minister Ishaq Dar assured...