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Monday, October 3, 2022

How worried should we be about Pakistan's economy?

Foreign exchange reserves with the central bank stand at $8 billion and commercial banks hold another $5.7 billion. That covers imports for barely a month, despite IMF funding. Saudi Arabia, United Arab Emirates and Qatar had pledged some $5 billion in investments. That would boost both finances and confidence.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0vUQD67

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