PSX: A $385 Million Drop in Pakistan’s Foreign Exchange Reserves

PSX drop by over 1,400 points as a consequence of the country's economic troubles

Pakistan’s liquid foreign reserves were depleted by $385 million in the week ending March 11, 2022, a 1.7 percent drop from the previous week. According to the State Bank of Pakistan’s (SBP) weekly report issued on Thursday, the country’s total liquid foreign currency reserves fell by $385.3 million to $22.28 billion on March 11, 2022, … Read more