Islamabad [Pakistan], January 8 (ANI): Amid a severe economic crunch, foreign exchange reserves held by the State Bank of Pakistan (SBP) reduced to just USD 4.5 billion and left with an import cover of only under a month, sources told Geo News on Saturday.
The slump comes after the repayment of loans worth USD 1.2 billion to United Arab Emirates (UAE) banks.
According to sources, the development left Pakistan with an impo
Pakistan: SBP’s forex reserves dwindle to USD 4.5 billion, Islamabad left with import cover of only under a month
