(14/06/19) SBP reserves drop 0.7% to stand at US$7.8b ǀ Negative
Tribune: On Jun 3, the foreign currency reserves held by SBP were recorded at US$7,807.2 million, down $55.2 million compared with $7,862.4 million in the previous week. The decline in reserves was attributed to payments on account of external debt servicing
(14/06/19) US piles more pressure on Pakistan ǀ Negative
The News: The Trump administration has asked the IMF to ensure real structural reforms are included as conditionality before approving a loan package for Pakistan.
(14/06/19) FBR facing political pressure to abolish Rs300 per kg levy ǀ Neutral
The News: The FBR has been facing pressures from political elites to abolish adjustable Federal Excise Duty (FED) of Rs300/kg on the processing of green tobacco at Green Leaf Threshing Plants.
(14/06/19) 2 oil tankers struck in suspected attacks in Gulf of Oman ǀ Neutral
Two oil tankers were hit in suspected attacks in the Gulf of Oman and the crews have been evacuated, shipping firms and industry sources said a month after a similar incident in which four tankers in the region were struck.