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KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) declined by $216 million to $10.152 billion during the week ended on August 10.
Some relief was felt until the last week when reserves were briefly on the rise after receiving loans from China.
However, the commercial banks’ holdings have started falling for the last couple of weeks.
The SBP reports showed that holdings of these banks decreased by $75m to $6.56bn during the period.
Published in Dawn, August 17th, 2018
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Aug 17, 2018 06:22pm
No one cares about these stories. That's the worse part !
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Aug 18, 2018 07:13am
Urgent need to bring back the looted money. First, let looters return the looted money voluntarily within thirty days. Failing that commence legal action and pull those looters in the court for delivering justice. People of the country cannot go on living under shadow of huge debt for next generation. Someone has to fix the problem making country economically viable and strong.
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