{"id":47657,"date":"2019-01-27T13:27:28","date_gmt":"2019-01-27T03:27:28","guid":{"rendered":"http:\/\/leadpakistan.com.pk\/news\/?p=47657"},"modified":"2019-01-27T13:27:29","modified_gmt":"2019-01-27T03:27:29","slug":"pak-rupee-one-of-worlds-worst-performing-currencies-last-year","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/pak-rupee-one-of-worlds-worst-performing-currencies-last-year\/","title":{"rendered":"Pak rupee one of world\u2019s worst-performing currencies last year"},"content":{"rendered":"<p>LAHORE: The Businessmen Panel (BMP) for Federation of Pakistan Chambers of Commerce and Industry hoped that now Pakistan Rupee will be stable after increasing in country foreign reserves as as 18th Janaury 2019, The SBP liquid foreign reserve exchange position was $ 13.25 billion dollars officially and is still increasing. Chairman BMP, Mian Anjum Nisar said we appreciated the effort of Prime Minister Imran Khan and his dynamic efforts and due to support from our brotherly countries like Saudia Arabia and United Arab Emirates, our reserves is moving towards on comfortable position and now business community seeks some stability in Pakistan Rupee against dollar. He said in last few months sudden depreciation in rupee put business community in great confusion and now we hope some stability will prevail in exchange rate which is much required, \u201cas Pakistani rupee was one of the world\u2019s worst-performing currencies last year, losing 26 per cent\u201d. Similarly Pakistan has also received the third tranche of USD one billion from Saudi Arabia one day back. And USD one billion from UAE two days back also a good omen for country foreign reserves position.<br \/>\nChairman BMP said at present, Pakistan faces a massive current account deficit which the government should striving to narrow down immediately and country will be likely to able cross its export target of $25 billion for the current fiscal year. INP<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LAHORE: The Businessmen Panel (BMP) for Federation of Pakistan Chambers of Commerce and Industry hoped that now Pakistan Rupee will be stable after increasing in country foreign reserves as as 18th Janaury 2019, The SBP liquid foreign reserve exchange position was $ 13.25 billion dollars officially and is still increasing. Chairman BMP, Mian Anjum Nisar [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-47657","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pak rupee one of world\u2019s worst-performing currencies last year<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/pak-rupee-one-of-worlds-worst-performing-currencies-last-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pak rupee one of world\u2019s worst-performing currencies last year\" \/>\n<meta property=\"og:description\" content=\"LAHORE: The Businessmen Panel (BMP) for Federation of Pakistan Chambers of Commerce and Industry hoped that now Pakistan Rupee will be stable after increasing in country foreign reserves as as 18th Janaury 2019, The SBP liquid foreign reserve exchange position was $ 13.25 billion dollars officially and is still increasing. 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