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KARACHI:The foreign exchange reserves held by the central bank decreased 2.57% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.On June 5, the foreign currency reserves held by the SBP were recorded at $10,095.8 million, down $266 million compared with $10,362.1 million
air max 98 in the previous week.According to the central bank, the decrease was attributed to the government's external debt repayments of $301 million.Overall, liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $16,705.3 million. Net reserves held by banks amounted to $6,609.5 million.Pakistan received the first loan tranche of $991.4 million from the International Monetary Fund (IMF) on July 9 last year, which helped bolster the reserves. In late December, the IMF released the second loan tranch
jordan4 e of around $454 million.Previously, the reserves jumped on acco
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ISLAMABAD:Putting to rest all uncertainties surrounding the exact date when the election for the new prime minister and the oath taking will be held, the Pakistan Tehreek-e-Insaf (PTI) on Friday announced that Im
air max sneakers ran Khan will take the oath as prime minister on August 18. The PTI wanted to invite to the oath-taki
campus green adidas ng ceremony thousands of Pakistanis who supported and voted the party in the general elections. But as the presidency will be hosting the ceremony so only a few hundred guests will be invited to grace the occasion, PTI Spokesperson Fawad Chaudhry said while talking to the media at Bani Gala.Chaudhry said the inaugural session of the National Assembly has been summoned on August 13 and added that the process of oath taking of MNAs-elect, election of the speaker and dep
air max95 uty speaker of the lower house and the election of Leader of the House will be completed in a couple of days, and finally on August 18, Imran would take oath of his office.Imran stresses need to restart Indo-Pak di