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Pakistan forex reserves plunge to lowest level since Dec 2019: Report

Dayana Jones 3 months ago

Cash-strapped Pakistan’s foreign exchange reserves have dropped to their lowest level since December 2019, owing to an increase in current account and trade deficits, higher external debt payments and dried dollar inflows, according to a media report on Friday. As per data from Pakistan’s central […]

  • Business Forex

Pakistan has a ‘strategy’ to boost shrinking forex reserves: FM | Business and Economy News

Dayana Jones 3 months ago

Karachi, Pakistan – Despite its fast-shrinking foreign exchange reserves which will inhibit imports of essential fuel, cooking oil and pulses, Pakistan says it will not be in dire straits like neighbouring Sri Lanka and that it has a “strategy” to boost its reserves. “No chance of default, none,” said Pakistan’s […]

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  • Business Investment

Businesses Prodded to Reveal More Expense Details to Investors

Dayana Jones 6 days ago

Walmart Inc.’s financial reports list expenses of hundreds-of-billions-of-dollars in two broad categories, leaving investors to hunt elsewhere for everything from the wages paid to employ its army of associates, to the mammoth quarterly costs of freight and fuel. The world’s largest brick-and-mortar retailer is hardly an outlier: More than a […]

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1 week ago
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