On Thursday, State Bank of Pakistan (SBP)-held foreign exchange reserves fell below $3 billion to a nine-year low. In a statement, the central bank said that as of the week ended on February 3, its foreign exchange reserves slipped to $2,916.7 million after a fall of $170 million due to external debt payments.

Leave a Reply

Your email address will not be published.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

You May Also Like

China will keep on progressing: Xi Jinping

Beijing: President Xi Jinping delivered a keynote speech on Thursday via a…

Israel signs $35 billion natural gas supply deal with Egypt

Israel’s Leviathan natural gas field has signed the largest export agreement in…

Qasim Suri Visits Industrial Units in Sialkot

SIALKOT, Oct 11 (APP): National Assembly Deputy Speaker Qasim Khan Suri Sunday…

Pakistan’s foreign reserves stand at US$13,097.8m: SBP

The foreign exchange reserves held by the State Bank of Pakistan (SBP)…