Picture from google

According to the data released by the state bank of Pakistan, “foreign exchange reserves fell 0.14% on a weekly basis”. On the 9th of July, the foreign currency reserves were $17,205 billion which is reduced to  $26 million compared with $17,231.1 million that was recorded on the 2nd of July. The central bank didn’t reveal the reason for the decrease yet. 

Leave a Reply

Your email address will not be published.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

You May Also Like

SBP’s reserves drop to $4.2 billion

The State Bank of Pakistan (SBP)-held foreign exchange reserves dropped to $4.2…

FBR Shifts Tajir Dost Scheme Focus to High-Potential Retailers

The Federal Board of Revenue (FBR) has revised the Tajir Dost Scheme,…

PSX plummets ahead of monetary policy meeting

KARACHI: On Friday, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Shares Index…