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.
You May Also Like
Elon Musk cuts about 80% of Twitter’s staff
Elon Musk laid off more than 6,000 people at Twitter since taking…
- Alina Hashmi
- April 12, 2023
Pakistan, China agree to further strengthen high-level engagement
Pakistan and China on Wednesday agreed to further strengthen high-level dialogue and…
- Hafsa Mustafa
- October 18, 2023
Gold price drops despite devaluation of rupee
Karachi: On Wednesday, gold price in Pakistan dropped by Rs1,200 per tola…
- Alina Hashmi
- July 20, 2022
Gold price declines by more than PKR 3000 per tola
Karachi: On Tuesday, Gold prices decreased as a rupee appreciation and the…
- Alina Hashmi
- August 2, 2022