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Deciding how much a country must hold in forex reserves to get sufficient hedge against external risks is complicated. But beyond a point, more is certainly not better since holding the dollars has costs.
Pakistan foreign exchange reserves decreased by USD 345 million to USD 4.2 billion, the central bank said on Thursday, leaving the country with barely a month
The cost to safeguard Pakistan sovereign debt from default has reached a 13-year high at 52.8 per cent due to the rating downgrades and worries about debt res
At end of December 2021, foreign exchange reserves cover of imports (on balance of payments basis) declined to 13.1 months from 14.6 months at end-September 2021, per RBI’s ‘Half Yearly Report on Management of Foreign Exchange Reserves: October 2021 - March 2022’, , forex reserves, import cover
Botswana’s import cover has declined from an average of 18.3 months in 2015 to only 9 months by July 2022, historical ‘Balance of Payments’ (BoP) figures