Forex Reserves

Low forex reserves worry business community. Reduction in CAD welcomed but unsatisfactory. Remittances are not increasing as per expectations.

Forex Reserves 21/10/2022

(Sept 28-2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday expressed concern over falling forex reserves and asked the authorities to take...

Large quantities of cotton and food have to be imported. Current account deficit will cross the target of $10 billion, Problem of food security will become more serious.

Forex Reserves 02/01/2023

(December 16-2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said a huge amount of cotton and food items will have to...

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Low forex reserves worry business community. Reduction in CAD welcomed but unsatisfactory. Remittances are not increasing as per expectations.

Large quantities of cotton and food have to be imported. Current account deficit will cross the target of $10 billion, Problem of food security will become more serious.

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