Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) plunged to $6.7 billion, official data showed on Thursday. In a statement, the central bank said the foreign currency reserves held by the SBP were recorded at $6,700 million as of December 9, down $15 million compared with $6,714.9 on December 2.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Rupee closes at Rs178.13 against US dollar

Karachi: It emerged that the Pakistani currency shed 0.01% against the US…

Stock plunges low as US Senate imposes sanctions on Afghanistan

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

NEPRA approves another hike in power tariff

Giving another shock to the already burdened power consumers, the National Electric…

Shell in talks to sell fuel stations to Saudi Aramco

Energy giant Shell is in talks with Saudi Arabia’s state-owned Saudi Aramco…