A woman holds U.S. dollar bills in this illustration taken May 30, 2022. — Reuters An amount of $90.51 million was withdrawn by foreign investors. Foreign purchases of Treasury bills totaled $963.4 million in FY25. Recent monthly fund outflows indicate a decline in foreign investor interest in the country’s bonds. KARACHI: As outflows outpaced inflows … Read more
A woman holds U.S. dollar bills in this illustration taken May 30, 2022. — Reuters Prime Minister Shehbaz said the project aims to implement digital infrastructure. The Prime Minister says the project will focus on sectors likely to attract foreign investment. The Prime Minister says the country is moving towards a dynamic digital economy. LAHORE: … Read more
President Biden reflected on his foreign policy accomplishments Monday, saying America is better positioned on the world stage than it was when he took office four years ago. Ed O’Keefe reports on Mr. Biden’s remarks and what remains to be done.
A currency dealer counts US dollars at a store in Karachi, May 19, 2022. — AFP The country’s foreign exchange assets also include gold reserves of $5.5 billion. Commercial bank liquid reserves of $4.7 billion are not included. Increase in foreign exchange reserves due to strict import restrictions: expert. KARACHI: Pakistan’s total foreign exchange assets … Read more
The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, December 11, 2024. — PPI The capital market remained under intense selling pressure on Thursday, continuing its decline from the previous day due to aggressive profit-taking and cautious investor sentiment due to concerns over foreign capital outflows . The Pakistan Stock … Read more
Examining US foreign policy toward Syria and China – CBS News Watch CBS News “Face the Nation” moderator and chief foreign affairs correspondent Margaret Brennan questions whether instability in Syria poses a threat to U.S. national security and why President-elect Donald Trump invited Chinese President Xi Jinping at his inauguration. Be the first to know … Read more
A worker walks past the headquarters of the Asian Development Bank (ADB) in this file photo. -Reuters Influx to help increase the country’s import coverage and stabilize the rupee. Aims to foster Pakistan’s perseverance in the face of disasters. The SBP’s foreign exchange reserves stood at $11.42 billion as of November 22. The central bank … Read more
A person counts dollar bills in this illustrative image taken on May 30, 2022. — Reuters Pakistan receives $259 million from bilateral creditors. Multilateral creditors pay $721 million to Islamabad. $19.39 billion in foreign loans planned for the current fiscal year. ISLAMABAD: In its attempt to address the various challenges facing the economically cash-strapped country, … Read more
LAHORE: With educational opportunities scarce for gender minorities in Pakistan, a local NGO has stepped in to create an international platform for the development of the country’s transgender people. The Gender Guardian (TGG), a non-governmental organization working on the training and education of transgender people in Pakistan, has partnered with various foreign NGOs to enable … Read more
ISLAMABAD: The Ministry of Foreign Affairs on Thursday stressed that foreign policy remains a federal responsibility, responding to Khyber-Pakhtunkhwa (KP) Chief Minister Ali Amin Gandapur’s plan to send his own delegation to Afghanistan to address security concerns . “Foreign policy is a federal subject and it is the prerogative of the government of Pakistan to … Read more