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Topic

foreign currency reserves

Managing sovereign default

Managing sovereign default

Updated 13 Jan, 2023 07:41am
Nations can and do periodically default on their sovereign debt, despite the fact that they do so comparatively...
PKR registers minor appreciation

PKR registers minor appreciation

Published 12 Dec, 2022 06:07am
KARACHI: The rupee registered minor depreciation across all five sessions during the previous week to end with a...
Elections in June 2023?

Elections in June 2023?

Updated 09 Dec, 2022 06:42am
EDITORIAL: In our disorderly national politics not everything is what meets the eye. The ruling PDM (Pakistan...
Russia counts on ties with China

Russia counts on ties with China

Updated 14 Mar, 2022 03:51pm
LONDON: Russia said on Sunday that it was counting on China to help it withstand the blow to its economy from ...

Afghan economy collapsing

Published 03 Nov, 2021 03:54am
Afghanistan is running out of money fast, its currency is in a tail-spin and prices across the board are going...
Forex reserves cross $24bn mark

Forex reserves cross $24bn mark

Published 09 Jul, 2021 03:17am
KARACHI: Pakistan’s total liquid foreign currency reserves crossed the $24 billion mark during last week supported...
Lebanon's Central Bank calls for targeting subsidies

Lebanon's Central Bank calls for targeting subsidies

Updated 16 Jun, 2021 07:57pm
  • The bank reiterated that it would not use mandatory reserves to fund subsidies, which currently cost around $6 billion a year.
  • Lebanon's hard currency reserves have slumped from over $30 billion in late 2019 to just over $15 billion in March.
Turkish lira hits record low

Turkish lira hits record low

Published 29 May, 2021 03:59am
ISTANBUL: Turkey's lira hit a record low on Friday as concerns over global inflation, an early election and a...
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