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Top related persons:
MURTAZA SYED - 1 GARETH - 1 Shehbaz Sharif - 1 ABDUL ALEEM - 1 SHERANI - 1 SHAHBAZ ASHRAF - 1 MAHA RAHMAN - 1 ZAFAR MASUD - 1
Top related locs:
Pakistan ASIA KARACHI ISLAMABAD LAHORE PAKISTAN
Top related orgs:
Monetary Fund - 1 South - 1 IMF - 1 BANK OF PAKISTAN - 1 SBA - 1 State Bank - 1 EFF - 1 Capital - 1

Search resuls for: "MOHAMMED SOHAIL"


2 mentions found


☆ Pakistan, IMF reach $3 bln staff-level agreement
  + stars: | 2023-06-30 | by ( Ariba Shahid | Thomson Reuters | Ariba Shahid Is A Journalist Based In Karachi | ) www.reuters.com   time to read: +7 min
It is not the end of our relationship with the IMF though, as the SBA is a short-term bridging operation. GARETH LEATHER, SENIOR ASIA ECONOMIST AT CAPITAL ECONOMICS, LONDON"The agreement of a loan deal between Pakistan and the IMF should put the economy back on a more secure footing and limit the biggest downside risks. There is a strong risk that Pakistan reneges on the deal once the immediate crisis has passed. Our target shall be that the next IMF programme should be the last one and it would be a great opportunity to correct our fiscal account once and for all." "Things would have been much better if successive governments would have invested in completing the IMF programme.
Persons: MURTAZA SYED, GARETH, Shehbaz Sharif, ABDUL ALEEM, SHERANI, SHAHBAZ ASHRAF, MAHA RAHMAN, ZAFAR MASUD, MUSTAFA PASHA, SHAHID HABIB, ARIF HABIB, ZULQARNAIN, MOHAMMED SOHAIL, AHFAZ MUSTAFA, ISMAIL IQBAL, SAJID AMIN JAVED, Ariba Shahid, Shilpa Jamkhandikar, Raju Gopalakrishnan Organizations: Monetary Fund, South, IMF, BANK OF PAKISTAN, SBA, State Bank, EFF, Capital, UL HAQ, OF PUNJAB, Pakistan, ARIF, Thomson Locations: Pakistan, ASIA, KARACHI, ISLAMABAD, LAHORE, PAKISTAN
☆ Pakistani rupee falls after market maker group removes currency cap
  + stars: | 2023-01-25 | by ( Ariba Shahid Asif Shahzad | Ariba Shahid | Asif Shahzad | ) www.reuters.com   time to read: +3 min
The Exchange Companies Association of Pakistan (ECAP) said late on Tuesday it was lifting the cap on the currency in the interest of the country. Before the cap on the rupee was removed, markets eyed three different rates to assess its value -- the state bank's official rate, the one assessed by the foreign exchange companies and the black market rate. He said the removal of the cap would curb the black market. "The black market rate is still sticky in the range of 260-270. The decision of exchange companies has not had any impact as such," said Fahad Rauf, Head of Research at Ismail Iqbal Securities.
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