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Your email address will not be published.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

Pakistani Rupee loses value against dollar

Karachi: On Thursday, the Pakistani rupee continued to erode against the US…

Chinese Smartphone Maker Vivo to Enter Six European Markets

GUANGZHOU, Oct 22 (Xinhua/APP): Chinese smartphone manufacturer Vivo has announced to launch…

Pakistan-IMF staff-level agreement ‘delayed’

Staff-level agreement between the International Monetary Fund (IMF) and Pakistan faces delay…