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Your email address will not be published.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

Gold price in Pakistan increases

Local gold in Pakistan is being sold for Rs. 95,165 per 10…

Pakistan begins importing oil via Red Sea route after Strait of Hormuz closure: Sources

Pakistan has started importing crude oil through the Red Sea route after…

Alibaba chief makes rare public appearance

Jack Ma, the founder of tech giant Alibaba, made a rare public…

Hezbollah Chief welcomes leaders for missile trade

Beirut: On Feb 16, Lebanon’s Hezbollah leader Sayyed Hassan Nasrallah said that…