The Express Tribune·4 min read·hard
Reserves down $1.24b on debt repayments
O
Our Correspondent
✦AI Summary
Pakistan's foreign exchange reserves fell by $1.24 billion due to external debt repayments, while the rupee reached a 19-month high. Global market volatility, driven by shifting US interest rate expectations and geopolitical tensions, continues to influence local gold prices and currency stability.
--> Home Business Reserves down $1.24b on debt repayments SBP's forex deposits drop to $17.2b; rupee hits 19-month high; gold steady
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