Pakistan forex reserves rise to $11.344bn

[Devil Soul]

Pakistan forex reserves rise to $11.344bn

June 28, 2013 - Updated 2154 PKT
From Web Edition
KARACHI: Pakistan's foreign exchange reserves rose to $11.344 billion in the week ending June 21, from $11.340 billion the previous week, the State Bank of Pakistan (SBP) said.

Remittances from Pakistanis abroad rose 5.74 percent to $12.76billion in the 11 months of the 2012/13 fiscal year, from $12.06billion during the same period last year. (REUTERS)

 

[Argus Panoptes]

To celebrate such "rises" in foreign exchange reserves when the overall trend is clearly downwards and when we are begging from the IMF is simply MEANINGLESS.

 

[ziaulislam]

To celebrate such "rises" in foreign exchange reserves when the overall trend is clearly downwards and when we are begging from the IMF is simply MEANINGLESS.

no one is celebrating, its just a routine press release

 

[Toxic Alien]

This amount is too small for a populous nation like Pakistan I mean India whose population is around 7 times of Pakistan has 25 times larger forex reserves than Pakistan.

 

[A.Rafay]

What a joke!

 

[Dr. Strangelove]

 

[alibaz]

Do we need to celebrate

 

[Argus Panoptes]

no one is celebrating, its just a routine press release

So what purpose does quoting a MEANINGLESS Press Release by rote serve? Nothing.

 

[silent poison]

Great .... a little bit rise is even welcome

 

[xyxmt]

Great .... a little bit rise is even welcome

today it rose again, by 5 dollars but still a rise

 

[silent poison]

today it rose again, by 5 dollars but still a rise

Great Good News For Pakistan ....!!

Continue Rise ..... your economy seems like in Booming State

No, need to act over-smart

 

[Crypto]

it used to be around 16bn if i am not mistaken ?
in any case this doesnt help the situation.

 

[Devil Soul]

it used to be around 16bn if i am not mistaken ?
in any case this doesnt help the situation.

Decreased due to heavy payments being made to IMF...

 

[xyxmt]

Great Good News For Pakistan ....!!

Continue Rise ..... your economy seems like in Booming State

No, need to act over-smart

you are the smart one I give you that, most others from your country would have taken it as a serious post. they would write pages and pages about the desperate situation in Pakistan that they get happy about $5, wont even rule out the possibility of news ending up on major Indian channels.

by the way kabi border ki is taraf aa ke daikho na kis ki economy behtar hay, for ordinary people.

 

[silent poison]

you are the smart one I give you that, most others from your country would have taken it as a serious post. they would write pages and pages about the desperate situation in Pakistan that they get happy about $5, wont even rule out the possibility of news ending up on major Indian channels.

by the way kabi border ki is taraf aa ke daikho na kis ki economy behtar hay, for ordinary people.

Sure if i got any Chance to Come to Pakistan ! .... I will