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Your email address will not be published.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

Pakistan, KSA to ink $1bn oil sector agreement

Islamabad: As per the Saudi news channel, Pakistan and Saudi Arabia are…

Pak Suzuki announces motorcycle plant shutdown

Pak Suzuki Motor Company Limited has once again announced its motorcycle plant…

Govt initiates process for discos privatisation

The federal government on Thursday formally initiated the privatising process of power…

Pakistan places first order for discounted Russian crude oil

Pakistan has placed its first order for discounted Russian crude oil under…