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commercial banks

Forex reserves up by $168m
Pakistan

Forex reserves up by $168m

KARACHI: The country’s liquid foreign exchange reserves rose by $168 million during last week ended May 7, 2021,...
Published 18 May, 2021 05:05am
Forex reserves up $307m
Print

Forex reserves up $307m

KARACHI: The country’s total liquid foreign exchange reserves rose by $307 million to reach $ 23.52 billion at the...
Published 30 Apr, 2021 05:06am
Kenya's shilling to ease, Nigeria's naira to hold steady
Markets

Kenya's shilling to ease, Nigeria's naira to hold steady

  • The Kenyan shilling is seen easing, on strong dollar demand from general merchandise importers and manufacturers.
  • Commercial banks quoted the shilling at 109.75/109.95, compared with last Thursday's close of 109.55/109.75.
Published 18 Mar, 2021 05:09pm
Bank of England should push back against growth risks: Haskel
Business & Finance

Bank of England should push back against growth risks: Haskel

  • Commercial banks should follow BoE advice to make sure they are ready to implement negative interest rates, although the central bank does not yet know if they will be needed later this year, Haskel added.
  • Risk management considerations dictate that policy should lean strongly against downside risks to the outlook and I remain open to the possibility that the economy might need further support to return inflation to the target sustainably.
Published 05 Mar, 2021 09:05pm
Forex reserves move up by $92m
Print

Forex reserves move up by $92m

KARACHI: The country’s total liquid foreign exchange reserves rose by $92 million during last week. According to...
Updated 05 Mar, 2021 09:42am
Big banks stand out
BR Research

Big banks stand out

What if the assets base did not grow much? What if the interest rates were down from a year ago? Having muscle...
Published 03 Mar, 2021 07:35am