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Your email address will not be published.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

Pakistani Rupee loses value against dollar

Karachi: On Thursday, the Pakistani rupee continued to erode against the US…

Emirates to ‘set up’ major cargo business hub at Karachi airport

Emirates Airline has announced to establish a major cargo business hub at…

New US Jobless Claims Drop More Than Expected to 787,000

Washington, Oct 22 (AFP/APP): New jobless benefit claims in the United States…

Petrol, diesel prices to remain unchanged: Dar

Finance Minister Ishaq Dar has announced that the prices of petrol and…