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foreign exchange reserves

Forex reserves up by $168m

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 rise to $13.016bn
Pakistan

Forex reserves rise to $13.016bn

  • On March 05, the foreign currency reserves held by the SBP were recorded at $13,016.1 million compared with $12,978.4 million in the previous week.
Published 11 Mar, 2021 08:07pm
New Indonesia sovereign wealth fund eyes assets worth $2.6bn
Markets

New Indonesia sovereign wealth fund eyes assets worth $2.6bn

*The Indonesia Investment Authority (INA) was launched last month with a target of managing $20 billion of assets, including some $5 billion the state will put into the fund this year. * We have the first 24 (toll road) concessions that we are currently discussing with INA for coordination opportunity with a total equity value of around 37 trillion rupiah ($2.57 billion).
Published 10 Mar, 2021 06:09pm
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
Pak forex figure $20.13305bn
Pakistan

Pak forex figure $20.13305bn

  • During the week ending on Feb.26, 2021, SBP reserves increased by $ 70 million to $12,978.4 million due to Government of Pakistan official inflows.
Updated 04 Mar, 2021 09:27pm
Dollar extends decline as risk appetite favors equities
Markets

Dollar extends decline as risk appetite favors equities

  • The US dollar has been weighed down by a string of soft labor market data, even as President Joe Biden's proposed $1.9 trillion spending package takes shape.
  • What the foreign exchange market is looking at in the short term, is the dollar is going to be weak despite progress in the economy because this country has a huge deficit problem.
Published 19 Feb, 2021 08:36pm
Freeing capital flows
Editorials

Freeing capital flows

EDITORIAL: One important element behind attracting investment is the ease with which capital enters and exits a...
Published 22 Jan, 2021 04:47am