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Pakistan’s foreign exchange reserves to reach 19 billion dollars by end this month: Finance Minister

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Pakistan's foreign exchange reserves are expected to reach 19 billion dollars by end this month according to Finance Minister Asad Umar.

The finance minister, in meeting with corporate heads in karachi, has said Pakistan is to receive USD 2 Billion from the UAE next week, as confirmed earlier by the State Bank of Pakistan.

Pakistan is also expecting USD 2 Billion from China by the end of this month which will help in keeping the current account deficit in check as well as support the Rupee.

 

Posted on: 2019-03-09T20:47:00+05:00

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