Pakistan’s current account posted a surplus of $654 million in March after a fall in imports forced due to restrictions and a jump in remittances amid the holy month of Ramadan. It was the first time since November 2020 that the current account was in the surplus territory, with $654 million being the highest surplus since February 2015, State Bank of Pakistan’s (SBP) data showed.

Leave a Reply

Your email address will not be published.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

You May Also Like

Eidul Fitr 2024: Pakistan Railways to ‘slash’ train fares

Pakistan Railways Chief Executive Officer Amir Baloch on Thursday said that the…

Cryptoverse: Bitcoin gains conflict currency credentials

On March 1, it was reported that Bitcoin leapt since Russia’s Ukraine…

Rupee free fall continues against dollar

Karachi: On Friday, the Pakistani rupee’s free fall continued against the US…

Saudi Arabia approves dual listing of Pizza Hut, KFC

Dubai: On Oct 31, Saudi Arabia’s market regulator announced that it had…