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Foreign exchange earnings

Pakistan’s foreign exchange reserves on 30 April 2020 as per the State Bank of Pakistan (SBP) website were 12.329 billion dollars, a respectable amount given the ongoing global pandemic that…

Liberalizing foreign exchange regime

One important factor in facilitating foreign capital (investment) inflow into the country is to allow it to move out easily. Lesser the friction, better is the investor confidence. The capital…

Reforming foreign exchange regime – I

It would be difficult to find another law that could rival the pervasive effect on the economy of Pakistan as did the Protection of Economic Reforms Act 1992. It was…

Pakistan’s Foreign Exchange Earnings

Pakistan’s foreign exchange earnings

If one is to extend appreciation to any one (individual or group of people) for saving the Pakistani economy from complete collapse it is not our finance ministers from Dar…

A Looming Foreign Exchange Crisis

A looming foreign exchange crisis

The deteriorating balance of payments situation and dwindling foreign exchange reserves are signaling a foreign exchange crisis within the next 15 months. However, the federal government and its economic team…

The exchange rate challenge

It is interesting to see that as far as the economic priorities are concerned, there seems to be an unannounced consensus between most of the political parties. Both the PTI…

Navigating exchange rate labyrinth

Classical economic theory of demand and supply for goods applies just as well to a currency, the Pak rupee, the dollar or any other. The demand for the Pak rupee…