Karachi: According to the reports, country’s foreign exchange reserves held by the State Bank of Pakistan (SBP) once again declined by 1.32% falling below the psychological level of $8 billion. As per data released by SBP, on September 30, the foreign currency reserves held by the SBP were recorded at $7,899.8 million, down $106 million compared with $8,005.9 on September 23,

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

New gas reserves discovered in Sindh

Mari Petroleum Company Limited (MPCL) has announced a gas discovery at an…

SBP amends regulations of forex

The State Bank of Pakistan made certain amendments to the regulations of…

Asim Bajwa steps down as CM of CPEC authority

Lt Gen (retd) Asim Saleem Bajwa resigned as chairman of the China-Pakistan…

Pakistan faces default risk without IMF loan: Moody’s

Moody’s Investor Service warned that without an International Monetary Fund (IMF) program…