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Your email address will not be published.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

Post-corona lockdown, skyrocketing expenses

On Oct 14, it is reported that a huge surge has been…

Dollar crosses PKR 170

Senator Talha Mahmood chaired A meeting of the Standing Committee on Finance…

Pakistan’s foreign exchange reserves drop to $12.65 b

The total liquid foreign reserves of Pakistan reached US$ 12.6560 billion while…

Trump names 5 cryptocurrencies for national reserve, sending prices soaring

US President Donald Trump on social media announced the names of five…