KARACHI: Owing to increasing current account and trade deficits, higher external debt payments, Pakistan’s foreign exchange reserves dropped to their lowest level since October 2019, the State Bank of Pakistan data showed Thursday. Sharing a break-up of the foreign reserves position, the central bank said that the reserves held by the State Bank of Pakistan stand at $ $7.83 billion. “During the week ended on … Continue reading Alarm bells: Pakistan’s forex reserves plunge to lowest since Oct 2019