In a major boost to foreign exchange reserves, the State Bank of Pakistan (SBP) on Friday said it has received $1 billion from China. “This is to inform you that $1 billion has been received from China,” said the central bank in a brief message to journalists on Friday night.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Turkish lira touches record low

Turkey’s lira slumped to a record low against the dollar on Monday,…

UAE-India non-oil trade to top $50bn this year: Al Zeyoudi

It emerged that non-oil trade between the UAE and India was expected…

Virgin Orbit files for bankruptcy

Virgin Orbit filed for bankruptcy after the company founded by the British…

IMF raises objections to Pakistan’s budget for FY24

Islamabad: The International Monetary Fund (IMF) raised serious objections over the budgetary…