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International Monetary Fund Newsletter
  • Aurangzeb foresees $10b reserves with IMF nod 24 Apr 2024 05:51 GMT

    … that Pakistan’s gross official foreign exchange reserves would increase to $10 … strategy to avoid any future International Monetary Fund (IMF) programmes but only after obtaining …

  • Finance Minister sees Pakistan’s forex reserves around $9-10bn by June 2024 24 Apr 2024 00:32 GMT

    … expressed his anticipation that the forex position in June 2024 would … the previous year. Pakistan’s foreign exchange reserves crossed the $8 billion … .1 billion tranche from the International Monetary Fund (IMF).  The minister noted the positive …

  • No Plan B to IMF bailout: Aurangzeb 23 Apr 2024 23:11 GMT

    … longer and larger size of IMF programme to implement the … fresh bailout package from the IMF, commercial financing would be … . “We are going for IMF programme which is owned by … and funded by IMF,” he said. He said foreign exchange reserves were expected …

  • Forex reserves will reach $9-10bn by June: Aurangzeb 23 Apr 2024 23:00 GMT

    … on Tuesday Pakistan’s foreign exchange reserves would reach $9 … foreign exchange reserves after receiving one billion dollars from the IMF … Aurangzeb added that the IMF programme is essential for … billion last year and foreign exchange reserves increased to $13 …

  • FinMin Aurangzeb eyes ‘stability, not growth’ of Pakistan's economy from IMF programs 23 Apr 2024 21:03 GMT

    … financial institutions including the IMF and World Bank, … into a surplus and foreign exchange reserves soaring to $8 … parliamentarian.   He said foreign exchange reserves reached $8 billion … from the IMF this week,” he said. “Foreign exchange reserves will …

  • We are working towards stable FX rate- Cardoso 23 Apr 2024 18:16 GMT

    Foreign Exchange rate. Speaking at the just concluded World Bank/IMF … the volatility in the foreign exchange (FX) rate cannot end overnight … investment institutions. Our FX market is experiencing robust … interactions with Nigeria’s FX markets. However, we …

  • What is behind fluctuations in foreign exchange market 23 Apr 2024 03:40 GMT

    [Photo/IC] In recent days, the currencies of emerging market countries have caught everyone's attention because of a weak streak, with the Indonesian rupiah falling to a four-year low, the Malaysian ringgit tumbling to its lowest exchange rate …

  • UPDATED: CBN resumes forex sale to BDCs at N1,021/$ 23 Apr 2024 14:23 GMT

    … website showed that Nigeria’s foreign exchange experienced a sharp decline. The … PUNCH reported that Nigeria’s foreign exchange reserves have experienced a one … 18, 2024 However, during the International Monetary Fund/World Bank Spring Meetings …

  • Finance Minister Expects IMF Staff Level Agreement in June-July 23 Apr 2024 13:34 GMT

    … bigger loan program with the International Monetary Fund (IMF) by June-July 2024. He … Tuesday. The minister also projected foreign exchange reserves held by the State … . He addressed misconceptions regarding the IMF program and termed it as …

  • Customs Alters FX Rate for Duty Clearance Twice in Less Than a Week 23 Apr 2024 12:28 GMT

    … dynamic nature of the forex landscape. Responding to … in the Customs’ FX rate, the Central … thus necessitating periodic revisions. FX Market Movements Last week, … foreign exchange, among other strategies. During the recently concluded World Bank/IMF

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