Cybs Market watch Investors cautious amid political uncertainty
KARACHI:Even if the Bharatiya Janata Party does become India s biggest party after t yeezy 700 he elections, its controversial prime ministerial candidate Narendra Modi will face the unenviable task of forming a coalition with regional parties 鈥?the most prominent of whom have sharply criticised the man, his record and his policies in separate statements on Thursday.Mayawati, the leader of the Bahujan Samaj Party, which is predominantly supported by lower castes and minorities, warned her supporters at a rally in Uttar Pradesh that if M yeezys 700 odi came to power, India would stand ruined by communal riots. She was referring to the Gujarat riots of 2002 in which at least 1,000 people, mostly Muslims, were killed in a spate of violence under Modi s watch as chief minister.In her 30-minute speech, the BSP leader asked the Muslim electorate to play a decisive role in ensuring victory for her party and stopping BJP from coming at the Centre, the Press Trust of India re yeezys 700 ported.She isn t the only one. J Jayalal KARACHI:The foreign exchange reserves held by the central bank rose 1.43% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.On December 4, the foreign currency reserves held by the SBP were recorded at $13,298.5 million, up $188 million compared with $13,110.9 million in the previous week.The central bank said that during the week ended December 4, air max 1 2020, the SBP received $359 million from multilateral/ bilateral sources including $307 million from the Asian Development Bank (ADB). ldquo;After accounting for external debt repayments, the SBP reserves increased b nb balance y $188 million to $13,298.5 million, rdquo; it added.Overall, liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $20,402.4 million. Net reserves held by banks amo chucks converse unted to $7,103.9 million.Pakistan received the first loan tranche of $991.4 million from the International Monetary Fund (IMF) on July 9 last year, which hel |