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Your email address will not be published.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 prices show a downslide

All-Pakistan Sarafa Gems and Jewellers Association (APSGJA) noted that the price of…

Govt to ensure legislation about SBP’s autonomy

On November 22, Shaukat Tarin, Adviser to the Prime Minister on Finance…

Rupee resumes recovery against dollar

Karachi: The Pakistani rupee on Friday once again resumed its recovery trend…

Stock plunges low as US Senate imposes sanctions on Afghanistan

On Wednesday, Pakistan Stock Exchange reported 3% fall and rupee also dropped…