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Your email address will not be published.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

PSX begins week with loss

Karachi: The Pakistan Stock Exchange (PSX) started the week on a negative…

Apple expected to unveil Macs, more powerful chips

On Oct 18, Analysts anticipate that Apple Inc (AAPL.O) will unveil recent…

Oil prices fluctuate after two-day rally

Oil prices fluctuated on Thursday after a two-day rally as traders looked…

Noted industrialist S M Muneer passes away

Karachi: Renowned business tycoon and Korangi Association of Trade and Industry (KATI)…