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Your email address will not be published.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

Oil prices rally, stocks slide as traders track Israel-Iran crisis

Oil prices jumped and stocks mostly fell Tuesday after US President Donald…

Gold price in Pakistan reaches all-time high

Karachi: Gold continues to shine in Pakistan, as its price hit an…

Britain warns France to back off in 48 hours

London: On Monday, it emerged that Britain had given France 48 hours…

Bangladesh, ‘basket case’ to rising economic star

Bangladesh recently marked its 50th Victory Day and experts expressed that it…