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

[AZADPAKISTAN2009]

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.

 

[Mrc]

Finally some good news

 

[AZ1]

How this is possible because imran khan is handsome.

 

[Death Professor]

Finally some good news

Nopes, it's hardly any news. 17 B $ we hit in March(last week) April (1st week), now we are sitting at 15.894 B$. Just for context, we were at 16.4 B $ in August 2018 and 14.9 B$ in September 2018. Btw, these figures get released by SBP every week, so...

 

[El Sidd]

I remember the last finance minister also said that economy has stabilized and we are beyond the danger.

He was fired from his job.

 

[313ghazi]

Nopes, it's hardly any news. 17 B $ we hit in March(last week) April (1st week), now we are sitting at 15.894 B$. Just for context, we were at 16.4 B $ in August 2018 and 14.9 B$ in September 2018. Btw, these figures get released by SBP every week, so...

It has it's propaganda value in a nation where most people are illiterate and even more are "economically illiterate".

 

[El Sidd]

It has it's propaganda value in a nation where most people are illiterate and even more are "economically illiterate".

lie cheat and steal !!

and then call yourself 313 ghazi

 

[litman]

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)

 

[ARMalik]

Right, so why is the PSX in a meltdown??

 

[El Sidd]

It has it's propaganda value in a nation where most people are illiterate and even more are "economically illiterate".

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)

makes sense doesn't it now?

 

[INDIAISM]

Stabalizing your foriegn reserve by taking loans from China and then gloating about that...That is new low..

https://m.khaleejtimes.com/internat...eceive-21-billion-loan-from-china-by-march-25

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.

 

[Pandora]

I remember the last finance minister also said that economy has stabilized and we are beyond the danger.

He was fired from his job.

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.

 

[litman]

makes sense doesn't it now?

PTI should understand that its supporters are not like patwaris or jiyalas. they supported pti because they realized the evil designs of the other parties. now if pti doesnt perform mere propaganda , slogans or graphs wont help them as its supporters wont get impressed by their slogans. pti made fool of them once but they cant fool them again. only patwaris and jiyalas have this capability. most likely on the next election day pti supporters will enjoy the holiday at their homes.

 

[pkuser2k12]

most likely on the next election day pti supporters will enjoy the holiday at their homes

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

 

[Imran Khan]

we need 50bn in next 3 years so then we can say its stabilized