State Bank of Pakistan continuing to stay stressed, decreasing one.74% Foreign exchange reserves control by the (SBP) continuing to stay stressed, decreasing one.74% on a weekly basis, in step with information discharged on weekday by the financial institution. The falls marks the ninth serial week of decline, raising considerations over Pakistan’s ability to satisfy future obligations and a bulging accounting deficit. On February nine, foreign currency reserves control by the financial institution were recorded at $12,833.9 million, down $226.7 million or one.74% compared to $13,060.6 million within the previous week.…
Read MoreState Bank of Pakistan continued to remain under pressure, decreasing 1.74%
