Pakistan's Foreign Reserve Continue to Stabalize in 2019 , 17.3 Billion and Rising

[litman]

so that ppp and pmln can come back to power ??? Never

its unfortunate but maryam nawaz will be your next PM and zardari and bilawal will be ruling the sindh. diesel will be back in kashmir committee . zardari once said "we are here forever" and he seems to be right. no one can undo the corrupt in pakistan. they have made the system as per their requirements. IK was the last hope but he and his team are incompetent and their are enemies within our own ranks. so RIP pakistan.

 

[pkuser2k12]

its unfortunate but maryam nawaz will be your next PM and zardari and bilawal will be ruling the sindh. diesel will be back in kashmir committee . zardari once said "we are here forever" and he seems to be right. no one can undo the corrupt in pakistan. they have made the system as per their requirements. IK was the last hope but he and his team are incompetent and their are enemies within our own ranks. so RIP pakistan.

doom and gloom agenda . Truly pathetic

InshAllah things will improve

Nawaz in jail family in exile Zardari going mad before NAB the one who used to say "IN KI KIA MIJAL"

InsAllah there days are already numbered one is out of power and one shrinked to interior Sindh while awara Fazal Ur Rehman no where to be seen.

 

[litman]

doom and gloom agenda . Truly pathetic

InshAllah things will improve

Nawaz in jail family in exile Zardari going mad before NAB the one who used to say "IN KI KIA MIJAL"

InsAllah there days are already numbered one is out of power and one shrinked to interior Sindh while awara Fazal Ur Rehman no where to be seen.

BTW what will be the petrol price next month? 120 or 125?
things dont improve by mere good wishes or by saying Insha Allah.
as far as NAB and corruption cases are concerned we may keep on seeing that drama for next few years but in the end we wont even recover a penny.

 

[pkuser2k12]

BTW what will be the petrol price next month? 120 or 125?
things dont improve by mere good wishes or by saying Insha Allah.

Depends upon international market rates petrol be 120 rs or 125 rs janab k zadi oil well hayn tu pata nae

and things only improve with InshAllah (help from Allah) banday ki "mayn" nikaltay 1 sec nae lagta planing jitni marzi karta rahay

 

[CrazyZ]

Oil prices are spiking because of the Iran-USA standoff. Will hurt our reserves if it keeps up.

 

[Cash GK]

View attachment 560531
https://www.thenews.com.pk/print/453434-forex-reserves-rise-to-17-397-billion
KARACHI: Pakistan’s foreign exchange reserves rose to $17.397 billion in the week ended March 29 from $15.473 billion in the previous week, the central bank said on Thursday.

The reserves held by the State Bank of Pakistan (SBP) increased to $10.492 billion, compared with $8.560 billion in the preceding week.

During the week ending March 29, 2019, the SBP received inflow of RMB 15 billion equal to $2.2 billion, as proceeds of the loan obtained by the government of Pakistan from China, the SBP said in a statement.

“After taking into account outflows relating to external debt and other official payments, SBP reserves increased by $1,931 million during the week.”

The foreign currency reserves of commercial banks stood at $6.905 billion from $6.913 billion in the previous week.



Economy has made a Complete U turn , and reaching past levels from 2018
Prior to attaining any funds from IMF which should further stabilize



2 Weeks older news
Pak forex figures $15.973bn

https://www.brecorder.com/2019/05/09/495726/pak-forex-figures-15-973bn/
KARACHI: Total liquid foreign reserves held by the country stand at dollars 15.973 billion, said the State Bank of Pakistan (SBP).

SBP’s weekly statement issued here on Thursday said that on May 3, the foreign reserves held by the State Bank of Pakistan amounted to $ 8,984.1 million and the net foreign reserves with Commercial Banks were $ 6,988.5 million.

During the week ending May 03, SBP’s reserves increased by $179 million to $8,984.1 million due to official Government of Pakistan inflows.

Those who storing dollars they will be hit with lose big time if one good news comes out from Karachi oil drilling..

 

[Nothing]

Those who storing dollars they will be hit with lose big time if one good news comes out from Karachi oil drilling..

That will have little or no short term to mid term effect. To realize those reserves one have wait for 2-3 years at least. Meanwhile pray for oil price to stay above $55 to keep it profitable enough that companies will invest billions

 

[Cash GK]

That will have little or no short term to mid term effect. To realize those reserves one have wait for 2-3 years at least. Meanwhile pray for oil price to stay above $55 to keep it profitable enough that companies will invest billions

Buddy world economy can be hurt with one news..

 

[El Sidd]

To be honest these results are due to efforts of Asad umar. Even deal with IMF was finalised by Asad umar so in short him getting sacked was for no reason whatsoever. He never got his chance bcz our dear PM thinks that economy is some kind of fukin yoyo which has to come back immediately in good shape.

I am sure PM IK knows about economy better than all of us on PDF.

 

[Nothing]

Buddy world economy can be hurt with one news..

A news can turn down world economy .. in today's world a twit can do it. But that has to be impactful.
I am not saying there in no oil discovery. I wish there is big one which may help general population. But relying on speculation will blind you from finding true solution. USD is going to get stronger for coming year against pkr. I bet any one who has access to get usd from bank is trying get as much as possible. PMIK has screw things due to his and his team's inexperience. Now it is time to reduce loses. PMIK has good intentions but no experience and I hope he find correct advisors for decision making.

 

[AZ1]

graph made by some PTI media cell. situation will even worsen after eid when opposition will be on the roads (for their own interests offcourse)

lol and who will lead it billo rani?

 

[Cash GK]

A news can turn down world economy .. in today's world a twit can do it. But that has to be impactful.
I am not saying there in no oil discovery. I wish there is big one which may help general population. But relying on speculation will blind you from finding true solution. USD is going to get stronger for coming year against pkr. I bet any one who has access to get usd from bank is trying get as much as possible. PMIK has screw things due to his and his team's inexperience. Now it is time to reduce loses. PMIK has good intentions but no experience and I hope he find correct advisors for decision making.

I disagree with you.. this condition will carry on until 8 months more..then sharp decline will start

 

[Nothing]

I disagree with you.. this condition will carry on until 8 months more..then sharp decline will start

I wish that should happen but looking at current trends my conventional wisdom is not agreeing. We should loop back after 7 -8 months to check

 

[Cash GK]

I wish that should happen but looking at current trends my conventional wisdom is not agreeing. We should loop back after 7 -8 months to check

Why I said 8 months.. most of corruption case will be finish around and corrupt mafia who is doing this all dirty games will be on their dying side...I know one thing ik has no limits when it comes to fight..corrupt people do has limts. Next number will be media . people in media are already marked.this media is bas of all this corruption

 

[FOOLS_NIGHTMARE]

Why I said 8 months.. most of corruption case will be finish around and corrupt mafia who is doing this all dirty games will be on their dying side...I know one thing ik has no limits when it comes to fight..corrupt people do has limts. Next number will be media . people in media are already marked.this media is bas of all this corruption

Just for you dear.