Followers

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

No comments:

Post a Comment

Dow soars over 1,300 pts, Sensex 900 pts

Indian markets surged on Tuesday, with the Sensex closing above 80,000 points, fueled by a global rally following Donald Trump's victory...