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Your email address will not be published.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

China to ban offshore trading assistance

Hong Kong: It emerged on Friday that the Chinese regulators are aiming…

Central banks boost global dollar liquidity

The US Federal Reserve and other major central banks have announced a…

Govt announces power subsidy for export industries

On Thursday, Finance Minister Ishaq Dar endorsed a power subsidy package for…

Pakistan-IMF loan talks on track: Ishaq Dar

Islamabad: Finance Minister Ishaq Dar said on Thursday that talks with the…