Fri. Mar 1st, 2024

KARACHI:

Pakistan’s foreign exchange reserves are in dire straits. As of January 6, 2023, the State Bank of Pakistan (SBP) reported having a mere $4.3 billion on hand, barely enough to cover three weeks of imports. This is a significant decline from the $16.6 billion the SBP had in January last year.

By ashraf

Leave a Reply

Your email address will not be published.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