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Your email address will not be published.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 shoots past 209 against US dollar

Karachi: On Monday, the Pakistani rupee plunged further and crossed the 210…

Rupee depreciates once again

Karachi: The State Bank of Pakistan (SBP) on Tuesday reversed its uptrend…

Rupee recovers partially against dollar

Karachi: On Wednesday, the Pakistani rupee recovered partially and closed at 201.52…

Imran Khan suggests China-inspired policy of waste import ban

PM Imran Khan directed the concerned authority to constitute an effective plan…