Foreign reserves

 Pakistan central bank receives second tranche of $1bn from Saudi Arabia

Pakistan central bank receives second tranche of $1bn from Saudi Arabia

  • Pakistan announced last week Saudi Arabia committed $3 billion in financial support for Islamabad
  • Financial support comes amid Pakistan's repayment of $1.4 billion in Eurobonds, $2 billion to UAE
By Waseem Abbasi ·

Saudi foreign reserves cover imports for 2 years, exceeding global average

Saudi foreign reserves cover imports for 2 years, exceeding global average

By IKRAMI ABDULLAH AL-EQTISADIAH ·