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Your email address will not be published.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

Saudi Arabia extends term for $3bn deposit to Pakistan

The State Bank of Pakistan (SBP) announced on Wednesday that Saudi Arabia…

Sindh Assembly approves budget 2023-24

Sindh Assembly on Wednesday approved the provincial budget for the fiscal year…

Govt decides to introduce new gas tariff

The caretaker government has decided to introduce a new gas tariff for…

FBR Shifts Tajir Dost Scheme Focus to High-Potential Retailers

The Federal Board of Revenue (FBR) has revised the Tajir Dost Scheme,…