Pakistan Foreign Exchange
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Cash-Strapped Pak To Receive $5 Billion Financial Aid From Saudi, Qatar
Pakistan will receive $5 billion from Saudi Arabia and Qatar to support its fragile economy.
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"When I Asked People Bluntly...": Shashi Tharoor On US-Pak Cooperation
In the wake of the US' designation of The Resistance Front (TRF) as a Foreign Terrorist Organisation (FTO), Congress leader Shashi Tharoor has offered insight into the behind-the-scenes diplomatic exchanges that preceded the announcement.
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China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
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Pakistan Seeks $4.9 Billion More In Loans After Missing Growth Target
The Pakistan government is reportedly planning to borrow USD 4.9 billion from international banks to meet its external financing needs and strengthen its foreign exchange reserves.
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Amid Heightened India-Pakistan Tensions, A Caution From Taliban
Afghanistan's Taliban government warned India and Pakistan on Wednesday that further escalation was not "in the interest of the region" after they exchanged artillery fire along their contested frontier.
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Pakistan Needs To Repay $77 Billion Debt To China, Saudi Arabia By 2026: Report
Pakistan, currently tackling a major economic crisis, is grappling with high external debt, a weak local currency and dwindling foreign exchange reserves.
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Pakistani Rupee Falls To All-Time Low Of 287.29 Against US Dollar
Pakistani rupee sank to Rs 287.29 against the US dollar, a record low on Tuesday as Pakistan struggles to unlock critical IMF funding while dwindling foreign exchange reserves become another source of concern for investors, a media report said.
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Fitch Downgrades Pakistan's Rating, Warns Default A 'Real Possibility'
The beleaguered Pakistani economy faces substantial credit risks with "critically low levels" of foreign exchange reserves, New York-based global ratings agency Fitch said on Tuesday.
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Bangladesh Gets $4.7 Billion IMF Loan, Pakistan, Sri Lanka Still Waiting
Bangladesh plans to use the IMF loan to prop up its foreign exchange reserves, which have nosedived from $46 billion to $34 billion.
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Pak Currency Plunges To 262 Against Dollar Amid IMF Aid Uncertainty
Cash-strapped Pakistan's currency depreciated to its lowest against the US dollar on Friday in the interbank and open market and closed at Rs 262.6.
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Cash-Strapped Pak To Receive $5 Billion Financial Aid From Saudi, Qatar
Pakistan will receive $5 billion from Saudi Arabia and Qatar to support its fragile economy.
-
"When I Asked People Bluntly...": Shashi Tharoor On US-Pak Cooperation
In the wake of the US' designation of The Resistance Front (TRF) as a Foreign Terrorist Organisation (FTO), Congress leader Shashi Tharoor has offered insight into the behind-the-scenes diplomatic exchanges that preceded the announcement.
-
China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
-
Pakistan Seeks $4.9 Billion More In Loans After Missing Growth Target
The Pakistan government is reportedly planning to borrow USD 4.9 billion from international banks to meet its external financing needs and strengthen its foreign exchange reserves.
-
Amid Heightened India-Pakistan Tensions, A Caution From Taliban
Afghanistan's Taliban government warned India and Pakistan on Wednesday that further escalation was not "in the interest of the region" after they exchanged artillery fire along their contested frontier.
-
Pakistan Needs To Repay $77 Billion Debt To China, Saudi Arabia By 2026: Report
Pakistan, currently tackling a major economic crisis, is grappling with high external debt, a weak local currency and dwindling foreign exchange reserves.
-
Pakistani Rupee Falls To All-Time Low Of 287.29 Against US Dollar
Pakistani rupee sank to Rs 287.29 against the US dollar, a record low on Tuesday as Pakistan struggles to unlock critical IMF funding while dwindling foreign exchange reserves become another source of concern for investors, a media report said.
-
Fitch Downgrades Pakistan's Rating, Warns Default A 'Real Possibility'
The beleaguered Pakistani economy faces substantial credit risks with "critically low levels" of foreign exchange reserves, New York-based global ratings agency Fitch said on Tuesday.
-
Bangladesh Gets $4.7 Billion IMF Loan, Pakistan, Sri Lanka Still Waiting
Bangladesh plans to use the IMF loan to prop up its foreign exchange reserves, which have nosedived from $46 billion to $34 billion.
-
Pak Currency Plunges To 262 Against Dollar Amid IMF Aid Uncertainty
Cash-strapped Pakistan's currency depreciated to its lowest against the US dollar on Friday in the interbank and open market and closed at Rs 262.6.
