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Pakistan Forex Exchange Reserves drop to critical level of $8.4-bn

New Delhi Oct 5  According to data released by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at $14,893.2 million on September 28, 2018.

Foreign reserves held by the SBP stood at $8408.50 million, showing a 6.95 per…

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Pakistan needs to raise $20b to avoid payment crisis

New Delhi Oct 3, Pakistan has to initiate bailout talks with the International Monetary Fund (IMF) in addition to seeking investment from friendly countries. It needs to arrange a massive amount of up to $20 billion instantly to avoid foreign payment crisis.

“No one party appears to be willing to…

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India believes in peace but not at the cost of self-respect : Modi

New Delhi Oct 1 : India staunchly believes in peace and is committed to taking it forward, but it would not be at the cost of compromising its self-respect and sovereignty, Prime Minister Narendra Modi said Sunday as he asserted that the armed forces will give a befitting reply to…

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