Foreign exchange reserves fell sharply, with government reserves falling below 12 billion
SBP's reserves fall further by 350 million, reserves also
declined last week.
Foreign exchange reserves fall sharply, government reserves
fall below 12 12 billion, SBP reserves fall further by 35 350 million, reserves
fall last week, dollar rises Fear. According to the details, Pakistan's foreign
exchange reserves have declined sharply for the second consecutive business
week due to external payments. According to media reports, the SBP's reserves
have further declined by 35 350 million, after which the government's foreign
exchange reserves have fallen below 12 billion. Foreign exchange reserves have
remained above 12 billion for the past few months, but for two consecutive
weeks, foreign exchange reserves have fallen sharply due to loans and other
external payments.
According to economists, the decline in foreign exchange
reserves could hurt the currency market.
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