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Your email address will not be published.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

‘CPEC to bring benefits for both countries’: Chinese defense minister

On Monday, China’s defense minister General Wei Fenghe had a meeting with…

SBP foreign reserves decline

Foreign exchange reserves held by the State Bank of Pakistan (SBP) fell…

PSX closes at record high on strong liquidity, sectoral gains

The equity market surged to a fresh all-time high, crossing the 154,000…

SBP raises basic points by 25

On Monday, SBP has announced a raise in basic points by 25…