Dollar-to-rupee trading at a rate of Rs 207.23, or Rs 4.7 less than the previous day’s closing rate, helped the interbank dollar rate to rise significantly today.
Economy
He said, “Imran Khan and Co. led Pakistan towards the four biggest historic budget deficits,” and added that the difference between the expenditures and taxes was highest in the history of the country during the PTI tenure.
After the $57 million deposited in a single day, the cumulative deposits in the Roshan Digital Account have now exceeded $4.5 billion.
It had been fewer than a month since China dispatched 30 fighter jets on a similar mission, making this the third time of Chinese aircraft crossing Taiwan’s ADIZ since the beginning of the year.
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ISLAMABAD: Finance Minister Miftah Ismail said that Pakistan today signed a RMB 15 billion ($2.3 billion) loan facility agreement with…
Pakistan had signed a 39-month, $6 billion deal with the IMF in July 2019, but the Fund stopped the disbursement of $3 billion when the previous government breached its commitments and announced fuel and energy subsidies.
According to SBP, Pakistan’s reserves have decreased by another $234 million to close slightly below $15 billion. The central bank’s portion of these reserves is a little under $9 billion.