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Dollar reaches new high, touches Rs142.5 against the rupee

The dollar has been on the rise recently

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March 30, 2019


Pakistan receives $2.2 billion loan from China

The money will boost Pakistan’s foreign exchange reserves

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March 25, 2019


$2.1b from China to be deposited into State Bank’s account by March 25

This will raise Pakistan’s foreign exchange reserves

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March 22, 2019


Dollar continues to slide, trades at two-month low

The dollar is trading at 138.3

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February 6, 2019


Dollar falls by 30 paisa, trading at seven-week low

It is currently trading at Rs138.5

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January 31, 2019


Rahat Fateh Ali Khan issued show-cause notice in foreign exchange violation case

He has to reply to the notice within 45 days

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January 30, 2019


Foreigners took $420m out of the stock market in six months

Overall foreign investment into Pakistan declines by 77%

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January 16, 2019


2018: A volatile year for the dollar

The dollar may become more expensive if forex reserves are not increased

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January 1, 2019


Chinese banks lent Pakistan $2.2b in the last financial year

More than 60% of the money Pakistan borrowed last year was meant to keep the country’s foreign exchange reserves high enough to avoid bankruptcy

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August 30, 2018


Sharif demands NAB chairman produce evidence on $4.9b claim

Former Prime Minister Nawaz Sharif has asked NAB chairman Justice (r) Javed Iqbal to produce evidence to support his claim that the former PM had sent $4.9 billion to India.  “The allegation is so serious and shameful that ignoring it would mean destabilising the political, democratic and constitutional system of Pakistan,” the former PM said,…

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May 10, 2018


SBP vows stability in financial markets at all costs

KARACHI: The State Bank of Pakistan said it will continue to closely monitor developments in the foreign exchange markets and ensure stability in the financial markets. In a statement, the Bank said the current exchange rate is broadly aligned with the economic fundamentals. It said the Pakistani rupee-US dollar exchange rate in the inter-bank market…

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July 6, 2017


King Khan questioned in IPL case

MUMBAI: India authorities on Wednesday quizzed Bollywood superstar Shah Rukh Khan in connection with allegedly irregularities in sale of shares of Knight Riders Sports Pvt Ltd (KRSPL) to a Mauritius-based company, according to Indian media reports. Bollywood actress Juhi Chawla, her husband Jay Mehta and Shah Rukh Khan are co-owners of the KRSPL. According to…

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November 11, 2015