Pakistan’s Foreign Exchange Reserves 5 Times Lower Than Mukesh Ambani’s Net Worth

Pakistan’s foreign exchange reserves plunged to $9.03 billion, not enough to cover even two months of imports, from $9.79B at the end of the last fiscal year. The decline of $753M in less than three months comes on the backdrop of poor exports and remittances amid large import bills and a big current account deficit. Pakistan’s … Continue reading Pakistan’s Foreign Exchange Reserves 5 Times Lower Than Mukesh Ambani’s Net Worth