Pakistan foreign exchange reserves hit with a big jolt

[Zibago]

Pakistan foreign exchange reserves hit with a big jolt
29 Jul, 2022​

SHARES​

*The State Bank of Pakistan (SBP) on Friday shared that the liquid foreign reserves in Pakistan have declined by over $826.9 million during the week ending on July 22. *
According to details shared by the SBP, the total liquid foreign reserves in the SBP stood at $8.57 billion on July 22.
https://rfvtgb.travelsent.com/world...Yn-IM7FPyKUP_Clw8hFI4mIi7SiD60VUo9JrXsN_8xKkL
Attention-These Are Warning Signs Before A Heart AttackTravel Sent



https://consland-sevinted.com/04a60...Yn-IM7FPyKUP_Clw8hFI4mIi7SiC08lUovYDpn8e9jbZY
Do you speak English? Work A USA Job From Home In PakistanWork From Home Jobs | Search Ads



by Taboola
Sponsored Links


Sharing a break-up of the foreign reserves position, the central bank said that the reserves held by the State Bank of Pakistan stand at US$8.57 billion while commercial banks also have reserves of US$5.83 billion after a decrease of $730.1 million.

PM Shahbaz Sharif strongly lashes out against country’s judiciary

According to the data provided by SBP, the total foreign reserves of the country declined by $826.9 million in the week ending on July 22. The reserves currently settle at $14.414 billion.
Earlier on July 14, the International Monetary Fund (IMF) and Pakistan reached a staff-level agreement for the release of US$1.17 billion under the combined 7th and 8th reviews of Pakistan’s Extended Fund Facility (EFF).

A statement issued by the Fund said that the agreement is subject to approval by the IMF’s Executive Board.

Pakistan foreign exchange reserves hit with a big jolt

*The State Bank of Pakistan (SBP) on Friday shared that the liquid foreign reserves in Pakistan have declined by over $826.9 million during the week ending on

timesofislamabad.com

 

[SoulSpokesman]

@Zibago

Zibago sb,

Given the geopolitical realities and elevated crude prices all non oil exporting EMs are facing severe deficits. The outlook is grim for everyone, not just Pak, for next 3-4 months at least.

Regards

 

[HttpError]

We still have foreign reserves?

 

[IceCold]

And these Haram khors just allowed import of luxury itemshttps://arynews.tv/govt-lifts-ban-on-import-of-luxury-non-essential-items/

 

[AZADPAKISTAN2009]

Few more indian airlines have mechanical problems want to land in Karachi airport

 

[Catalystic]

Where are the reserves going?
Dubai ? London uk ????

 

[Skull and Bones]

Few more indian airlines have mechanical problems want to land in Karachi airport

Next week hopefully.

 

[AZADPAKISTAN2009]

One of these days the Junk planes will nose dive in ocean

 

[RAMPAGE]

One of these days the Junk planes will nose dive in ocean

Lanat hai bhai aap pai.

 

[Zibago]

@Zibago

Zibago sb,

Given the geopolitical realities and elevated crude prices all non oil exporting EMs are facing severe deficits. The outlook is grim for everyone, not just Pak, for next 3-4 months at least.

Regards

In Pakistan its ever worse as the stupid government banned import of raw materials for months by calling them luxury items
Demand destruction has been absolute and the next quarter will be a train wreck
We went from a country that was in final stages of having assembly plants of Samnsung to a place where even Infinix wants to tap out

 

[SoulSpokesman]

@Zibago

Zibago sb,

If all that you are saying is right it would seem to be a case of deliberate sabotage!

We went from a country that was in final stages of having assembly plants of Samsung

Sigh! If you go further back in history- set to be the first Asian tiger!

Regards