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Your email address will not be published.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

Turkey to pay for Russian gas in Roubles

London: On September 16, Russian President Vladimir Putin said that 25% of…

SBP increases interest rate by 150 bps to 8.75 %

On Friday, The State Bank of Pakistan (SBP) raised its benchmark interest…

Three mega trade events to be held in Pakistan

The Organisation of Islamic Conference (OIC) announced that the Pakistan desk of…

Gold price shows downslide

Hyderabad: The price of a single tola of 24-karat gold was recorded…