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Your email address will not be published.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

Turkish lira slips down amidst surging inflation

Istanbul: It emerged on Monday that the lira slid as much as…

Trump tariffs rattle India’s markets, cloud growth outlook

India’s rupee plunged toward a record low and equity indexes declined on…

Massive irregularities in Peshawar BRT project: Report

Peshawar: An audit report showed irregularities worth billions of rupees in the…

Govt fails to achieve economic targets for FY22-23

Despite imposing additional taxes and cutting power subsidies to the industries, Pakistan…