Search For "foreign reserves"
Bharat Coking coal's strategic move boosts domestic coking coal consumptio
Updated : 1 year, 8 months ago IST
Under the "Mission Coking Coal" initiative, part of the Aatmanirbhar Bharat vision, BCCL has implemented key reforms in its auction processes, aimed at increasing the use of domestic coking coal and reducing the strain on India's foreign reserves caused by coal imports.
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Pakistan's foreign reserves continue to decline due to loan repayment
Updated : 2 years, 3 months ago IST
The foreign exchange reserve continued its downward trend and recorded at USD 8.21 billion as of January 26 which is a USD 54 million drop compared to the previous week at USD 8.27 billion, said the State Bank of Pakistan (SBP) report.
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Pakistan extends Haj application submission deadline till December 22
Updated : 2 years, 5 months ago IST
The move comes when the country's foreign reserves are depleting and to attract more foreign exchange, the government announced that those paying their dues in dollars from abroad will be declared as "winners" without the need for ballotting.
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Taliban calls on international community to remove sanctions
Updated : 2 years, 10 months ago IST
After the Taliban took over Afghanistan on August 15, 2021, the Afghan assets in foreign reserves were frozen. The UN Security Council in August 2022, failed to reach an agreement on whether to extend travel exemptions for 13 Taliban officials.
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Qatar Central Bank's foreign reserves surge by 14 pc in June
Updated : 2 years, 10 months ago IST
The figures issued Thursday by QCB showed an increase in its official reserves at the end of last month, compared to the same month last year, by about QR 28.536 billion, to reach QR 182.406 billion, driven by the hike in the central balances of bonds and foreign treasury bills from about QR
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Pakistan's foreign reserves continue to decline due to loan repayment
Updated : 3 years ago IST
The foreign exchange reserves continued their downward trend and fell to USD 4.38 billion in the week ending May 5, central bank data showed on Thursday.
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Economic, political tension worsens poverty in Pakistan: Report
Updated : 3 years, 1 month ago IST
The report says Pakistan's economy is under stress with low foreign reserves and high inflation. Activity has fallen with policy tightening, flood impacts, import controls, increased borrowing and fuel costs, low confidence, protracted policy and political uncertainty. Despite some projected
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Millions of dollars smuggled into Afghanistan from Pakistan each day
Updated : 3 years, 3 months ago IST
According to the general secretary of the Exchange Companies Association of Pakistan, Muhammad Zafar Paracha, traders, and smugglers are bringing as much as USD 5 million across the border daily.
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Pakistan textile firm owners threaten protest over delay in clearance of i
Updated : 3 years, 4 months ago IST
The report quoted All Pakistan Textile Mills Association (APTMA) Chairman Hamid Zaman as saying that the textile industry will be forced to protest if the government doesn't clear the imported cotton
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Pak currency exchange firms offer help as banks back off amid economic cri
Updated : 3 years, 4 months ago IST
Amid depleting foreign reserves, currency exchange firms of Pakistan on Saturday offered to pay for resuming the letter of credit facility (LC) for supporting imports as banks step back due to Pakistan's ongoing economic crisis, according to a Geo News report.
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Pakistan PM to visit UAE amid severe economic crunch
Updated : 3 years, 4 months ago IST
Shehbaz Sharif would fly to the UAE on Tuesday along with his Foreign Minister Bilawal Bhutto Zardari where they are expected to be joined by Army Chief General Syed Asim Munir, who is already on a trip to the middle east, sources confirmed to The Express Tribune newspaper on Sunday.
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Amid Pak energy crisis, minister proposes sweeping measures: Report
Updated : 3 years, 4 months ago IST
Amid the huge gap between the demand and supply of electricity in Pakistan and low foreign reserves, Islamabad, faced with a dire situation has advised its citizens to normalise power consumption, according to a report.
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