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Your email address will not be published.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

China tightens scrutiny of offshore listings

Shanghai: On Monday, the Chinese government announced that it would require domestic…

Pakistan, Binance to explore ‘tokenisation’ of up to $2bn in assets

Pakistan has inked a memorandum of understanding with Binance to explore the…

Tianjin to Host First International Auto Show

TIANJIN, Oct 12 (Xinhua/APP): An international auto show will be held for…

Rising inflation, Erdogan sacks head of statistics agency

It was reported on Jan 30, President Recep Tayyip Erdogan had sacked…