June 28, 2024
1 min read

Economic Crisis Grips Pakistan with No Exit

The total foreign exchange reserves of the bank fell to around 8.9 billion dollars…reports Asian Lite News

The State Bank of Pakistan (SBP) said that its foreign exchange reserves had decreased by $239 million due to external debt repayments.

During the week ending on June 21, the total foreign exchange reserves of the bank fell to around 8.9 billion dollars, the SBP said in a statement on Thursday.

It added that the net foreign reserves held by commercial banks came at $5.3 billion, reports Xinhua news agency.

Total liquid foreign reserves held by the South Asian country stood at about $14.2 billion, according to the SBP.

ALSO READ: Von der Leyen Nominated for EU’s Top Job Again

Previous Story

EU releases € 1.9 bn for Ukraine

Next Story

Vikram Misri Named New Foreign Secretary

Latest from -Top News

India, Namibia Ink health, entrepreneurship MOUs

The African nation is the first country to enter into a licensing agreement to adopt UPI technology…reports Asian Lite News Following their discussions on further strengthening bilateral ties, Prime Minister Narendra Modi

Baloch Leaders Targeted with Fake Terror Charges

Shalee Baloch of the Baloch Women Forum condemned the illegal detention of BYC leaders and demanded the immediate release of Mahrang Baloch and her colleagues….reports Asian Lite News Human rights activists on

Trump Doubles Down, BRICS in Tariff Crosshairs

Trump declared that all BRICS members, including India, would face a 10% tariff….reports Asian Lite News US President Donald Trump doubled down on his threat to charge BRICS members an additional 10

Bangladesh In Dengue Grip

Bangladesh Sees Sharp Rise in Dengue Deaths, 51 Reported in 2025…reports Asian Lite News A total of 51 dengue-related deaths have been reported across Bangladesh since the start of the year, marking
Go toTop

Don't Miss

Imran slams opposition for no-confidence motion

Pakistan PM said that the no-confidence motion against him would

UN Chief Expresses Deep Concern Over Iranian Strikes Inside Pakistan

The Syrian government of President Bashar al-Assad has not protested