Dear reader, please upgrade to the latest version of IE to have a better reading experience. The PML-N government, which came to power inborrowed from lending agencies and sold Eurobonds and sukuk Islamic bonds which helped the central bank to improve reserves reserves despite large repayments 2015 during these two years to the donor agencies. Currency experts believe that higher reserves, particularly of the State Bank, help stabilise the exchange rate. Low SBP reserves attract speculation which directly hits the local currency, as witnessed in the recent past. The present government acted promptly to tackle this situation and the dollar lost sharply against the local currency falling below Rs Since the beginning ofthe dollar again started strengthening against the rupee and rose to Rs in the inter-bank market. It happened despite rising foreign exchange reserves. However, two major events also supported the central bank to improve its reserves. Remittances are now more important than indian growth since the export sector has failed to achieve targets for the last many years despite incentives, including low interest rates on borrowing from banks. On a mobile phone? Get the Dawn Mobile App: Apple Store Google Play. Pakistan reserve is now near 18bn Us dollar but it is still 7bn lower than 2015. Yesterday reserve of Bangladesh hits 25bn us dollar. Md Sohan BD Who cares? If another country is or isn't doing well that's their business. Don't forget that there are poor migrants on boats languising in South Easy Asia and they should enjoy jobs in Bangladesh too. The economic realities of both countries have to follow their own trajectories. Pakistan is working to get the Pak China Economic Corridor in place to improve the economy whereas Bangladesh remains mired in the garment industry. Workers in Bangladesh would accept wages and conditions which workers in Pakistan would consider unacceptable which is whyt he garment trade keeps moving to wear costs are the lowest. Pakistan has to work on industry, transport sector, IT and other fields in order to develop a diversified base and long term growth. Md Sohan BD give pakistan time. Bangladesh and countries like turkey came up from the bottom. Pakistan's economy has been underachieving for years. Reserves bound to take off given more time and stable conditions. Then we can make a judgement between pak and bd. Md Sohan BD BD is lucky not to have territorial disputes and internal problems of serious nature. Good for you guys. Out of 18 billion how much is the loan component, foreign workers remittance and of course foreign direct investment? There is no point in boasting after adding loan components If it is a FDI, it is an achievement The country borrows indian, then feels good about having a lot of cash. That cash is a liability, not an asset! It's a classic example of how poor thinking makes poor people. FE reserves rising on loan money is never a thing to rejoice for any economy. Look at what happened to Greece. If it was rising due to FDI or increasing exports or improved remittances from non- resident citizen, that is something. Otherwise- it is 'danger bells' ringing. Md Sohan BD - Bangaldesh has been managing its economy in a very pragmatic way. They have made best use of the 'multi-fibre' agreement for its forex industry. They held back the temptation of selling gas reserves power to India. Their micro-finance indian have helped grass root entrepreneurship to 'boom'. They have invested heavily in health, education and social sectors. They have got the best out of commercial and political bargains on investment and trade with India and China. And- above all they have been successful in curbing religious extremism and home grown terrorism. And they have at last beaten Indian in a Cricket series!! Hats off to Bangladesh!! True, but Pakistan's exchange reserves are still growing at a much faster rate than Bangladesh's. Pakistan has 2015 its external debt by only 2. Oh, and not to mention that we were fighting a war this whole time, while India and Bangladesh were not. Pakistan was some where near billion USD under Musharraf while India stood at 70 billion USD. Today India has reserves billion USD while we we are still at 18 billion USD after so many years, and forex too with loans and grants. Not bad 2015 a country fighting a war for 12 years and bad governance. Hope situation improves further when security gets better. MD SOHAN BD I feel happy for our Bangladesh brothers. My God keep them in his blessing and reward them with prosperity. Not true about loans - our external indian rose only 2. The reserves we are doing well is increased remittances, lower oil prices, and privatization of state enterprises. Loans are actually a much smaller part of our recovery than you think. Number 64 Bangladesh - 24, Number 54 Angola - 33, Vietnam - 35, Iran - 74, India -Number 9 expected to be number 5 by March All foreign reserves are useless without continuous positive balance of payment, i. If that is taken care off then rest will fall indian line. You are absolutely correct bro. But only few likes! Humza Plz check SDI sustainable forex indicators where we bangladeshis forex much higher position than you. We are far ahead of achieving Millennium Development Goal. We reserves no load-shedding here. Our development projects are running by our money on by foreign loan. EPAPER LIVE TV DAWNNEWS URDU Images Herald Aurora CityFM89 Events Supplements Classifieds Obituaries. Dear reader, online ads enable us to deliver the journalism you value. Please support us by taking a moment to turn off Adblock on Dawn. Home Latest Popular Pakistan Today's 2015 Opinion World Sport Business Magazines Culture Blogs Tech Multimedia Archive In Depth. Foreign exchange reserves near all-time high Shahid Iqbal Published Jun 26, Published forex Dawn, June 26th, On a mobile phone? Comments 29 Closed Best Newest Oldest. Jun 26, What about debtsis anybody keeping count of thatforex is their no need to 2015 that? Borrowed money don't form 2015 It is paid with interest to whom it is taken!!! Md Sohan BD True, but Pakistan's exchange reserves are still growing at a much faster rate than Bangladesh's. We all know it is the politicians who took it!! This is great news. Keep up the good work Indian Jun 27, K - Cash is not a "liability", otherwise China will have the biggest problem. Desk Mrec Top Advertisement. In the month of giving and sacrifice, here are a few different ways to reach out indian those who need us the most. 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India's reserve is $ 350 billion while Pak's just $ 20 Billion Pak couldn't afford war with India
India's reserve is $ 350 billion while Pak's just $ 20 Billion Pak couldn't afford war with India
Dear Alex: Since every state requires that you attend school a certain number of days per year (usually around 180 days each year) and that you are only allowed so many unexcused absences, it sounds like your school is taking action because of your missed days so far this year.
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Dear Alex: Since every state requires that you attend school a certain number of days per year (usually around 180 days each year) and that you are only allowed so many unexcused absences, it sounds like your school is taking action because of your missed days so far this year.
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