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Your email address will not be published.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

Rupee registers losses against Dollar

Karachi: Pakistan’s rupee once again registered a decline on Friday, depreciating 0.02%…

First shipment of Russian oil expected by month end

Minister of State for Petroleum Dr Musadik Malik on Wednesday said the…

Rupee continues recovery against US dollar

The Pakistani rupee proceeded with its recovery against the US dollar on…