Source: Telegraph
Pakistan’s foreign exchange reserves are so low that the country can only afford one month of imports and faces possible bankruptcy.
Officially, the central bank holds $8.14 billion (£4.65 billion) of foreign currency, but if forward liabilities are included, the real reserves may be only $3 billion - enough to buy about 30 days […]

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Source: Business

The Pakistani rupee on Monday hit a new low versus the US dollar as traders looked for triggers from an upcoming central bank meeting.
The rupee was trading at 68.30 against the dollar in the interbank market, down from 67.85 last week due to uncertainty over interest rate policy by the central State Bank of […]

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Source: Herald Tribune
Pakistan’s economy will expand by less than 6 percent for the first time in five years amid double-digit inflation and ballooning budget and trade deficits, the central bank said Saturday.
Economic problems are adding to the pressure on Pakistan’s new civilian government as it struggles for power with President Pervez Musharraf and tries […]

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Source: Reuters
KARACHI, May 8 (Reuters) - Pakistan’s central bank said it will sell Treasury bills to commercial banks on Thursday in two repo contracts to mop up funds from the money market.
The State Bank of Pakistan did not say how much money it will absorb in the open market operation.
The result of the auction will […]

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Sources : Reuters
Pakistan’s foreign reserves fell by $41 million to $12.611 billion in the week that ended on April 26, the central bank said on Friday.
Reserves held by the State Bank of Pakistan fell to $10.367 billion from $10.447 billion a week earlier, while those held by commercial banks rose to $2.244 billion from […]

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