Search For "foreign exchange crisis"
Pakistan: Energy plans from Iran in danger due to militant attacks
Updated : 2 years, 8 months ago IST
According to analysts, Pakistan's attempt to resolve the foreign exchange crisis by importing energy from Iran could be in danger since a militant attack near their border has thrown future deals into doubt, reported Nikkei Asia.
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India plays key role in IMF's clearance of 48-month EFF worth USD 2.9 bill
Updated : 2 years, 11 months ago IST
India earnestly supported Sri Lanka in this arduous journey of mobilizing IMF support amid a serious foreign exchange crisis and consequent harsh economic conditions.
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Pakistan's economy facing one of its worst crises: Pakistan Chambers of Co
Updated : 3 years, 2 months ago IST
FPCCI former president and BMP Chairman Mian Anjum Nisar has said that the number is likely to drop further amid debt repayment obligations of more than USD 8 billion in the first quarter of 2023.
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Pak economy continues to remain in shambles due to structural imbalances
Updated : 3 years, 3 months ago IST
Islamabad's foreign exchange crisis has worsened as reserves have been depleted to a critical low of USD 8 billion, compared to over USD 20 billion in August 2021, undermining the country's ability to make international payments.
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Pak remittances continue to decline
Updated : 3 years, 3 months ago IST
Remittances from Saudi Arabia, UAE, UK and US make up 68.5pc of Pakistan's yearly remittances. But lately, remittances from the first three countries, with a share of 57.7pc in the total pie, have been falling with little chance of a reversal of this trend, primarily due to economic and expa
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Sri Lanka faces diesel shortage as foreign exchange crisis worsens
Updated : 3 years, 10 months ago IST
Colombo [Sri Lanka], May 5 (ANI): Sri Lankan Minister of Power and Energy Kanchana Wijesekera on Thursday said the country is facing a shortage of diesel as the foreign exchange crisis worsens in the South Asian country.
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Sri Lanka's foreign exchange crisis gets compounded by China's debt-trap d
Updated : 4 years, 2 months ago IST
Colombo [Sri Lanka], January 13 (ANI): Sri Lanka's foreign exchange crisis is compounded by its inability to meet the financial obligations initiated in co-operation with China on several projects.
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Pak looks to expatriates, China for FOREX help
Updated : 7 years, 11 months ago IST
London [United Kingdom], April 17 (ANI): To stave off a potential foreign exchange crisis, Pakistan is reportedly planning to raise hundreds of millions of dollars from Pakistani expatriates and wealthy Chinese investors.
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