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Your email address will not be published.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

Hydrocarbon reserves discovered in D.I Khan, KPK: Petroleum Division

Al-Haj Enterprises (Pvt) Limited, an exploration & production (E&P) company, has discovered…

Gold prices soar by PKR 2,200 per tola

On Monday, domestic gold prices continued their record-breaking spree. One-tola and 10-gram…

SBP reserves swell after $700m injection by China

Karachi: Pakistan on Friday received a new $700 million loan from China…