Pakistan’s foreign exchange reserves dip to lowest level
KARACHI (92 News) – Pakistan’s foreign exchange reserves are falling down speedily, posing questions over the competency of economic managers of the country.
Pakistan’s Foreign exchange reserves have hit lowest. The country’s foreign exchange reserves have been declining consistently and State Bank of Pakistan’s (SBP) statistics show that country’s foreign reserves have further plunged during the last week.
The foreign exchange reserves which were primarily built up through inflows and loans, reached an all-time low level of $14.4 billion.
The tall claims of former prime minister Nawaz Sharif and Finance Minister Ishaq Dar regarding the foreign exchange reserves have exposed.
Economists are terming the declining exchange reserves as another setback for the economy, apprehending that the reserve would further dip.
Sources said that the current reserves can only be used for loan installment payments, defense purchasing.
About 92 News HD Live Main TV Channel of Pakistan:
92 News (also known as 92 News HD Plus (Channel 92) is a conservative Urdu language TV channel based in Lahore, Pakistan.
Mian Muhammad Hanif is the chairman of the channel.
This TV channel is a subsidiary of Madinah Group under Galaxy Media Group.
The channel's name, 92, is to celebrate the 1992 Cricket World Cup won by Pakistan. The number 92 is also the telephone country calling code of Pakistan, which is another major reason behind the channel's name.
92 News HD is Pakistan’s first HD Plus News Channel. Aims to bring credible & responsible News & important stories from Pakistan & around the World
We bring you Latest Pakistani and International News at 92 News Hd Plus to Read and Watch
We believe in genuine and true journalism, we do not prevail sensation just for ratings.
We do not hide news but never tend to add any unethical content or angling that goes against the norms of our religion Islam and Pakistan's culture.
تازہ ترین خبریں حاصل کرنے کے لیے فوری اطلاع کی اجازت دیں
آپ کسی بھی وقت دائیں طرف نیچے بیل آئیکن پر صرف ایک کلک کے ذریعے آسانی سے سبسکرائب کر سکتے ہیں۔