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Your email address will not be published.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

FBR database breach prevented

Officials of the Federal Board of Revenue (FBR) reported that the database…

Rupee continues to depreciate

Karachi: On Dec 28, the Pakistani rupee continued to slide against the…

Pakistan, Uzbekistan vow to take bilateral trade to $2bln

Pakistan and Uzbekistan on Wednesday vowed to take the volume of bilateral…

PM orders urgent measures to address flour crisis in KP

Prime Minister Shehbaz Sharif has ordered the authorities to take measures to…