According to the State Bank of Pakistan (SBP), the net foreign exchange reserves of Pakistan have been reduced to $ 14.44.
Foreign exchange of Pakistan reserves plunged by $9 million to below $15 billion
Central bank reserves were reduced to $ 7.27 billion and commercial bank assets to $ 7.17 billion.
On Saturday, Pakistan received the first $ 500 million from Qatar. The first installment of $ 500 million has been deposited at the central bank.
Sheikh Tamim bin Hamad Al Thani, emir of Qatar, during a two-day visit to Pakistan last month, commitment to inject $ 3 billion in investment and deposits to the country’s economy.
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27 September, 2019