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Tag: foreign exchange reserves

View Point

Saudi's strong fundamentals

Edward Russell 29 January 2009

The kingdom is sailing through the credit crunch thanks to rising forex reserves and little leverage.

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Pakistan to request IMF loan

Edward Russell 17 November 2008

Pakistan agrees on the terms of a $7.6 billion loan from the IMF as the Friends of Democratic Pakistan get ready to meet in the Gulf.

View Point

Pakistan near debt default

Edward Russell 22 October 2008

Barely a month since the presidential election, falling foreign currency reserves have forced Pakistan’s new government to turn to the IMF for a loan.

credit crunch debt default economic crisis foreign exchange reserves friends of democratic pakistan imf international monetary fund loan saudi arabia tadawul zardari

24 hours 30 days

How has the financial crisis affected the reputation of Islamic finance?

Improved
No change
Damaged

| View results

Improved

17%

No change

34%

Damaged

49%

TOTAL VOTES: 35

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