Pakistan’s current account deficit fell to $1.1 billion in September
“A strong rebound in economic activity and higher int’l commodity prices kept CAD at an elevated level in Q1-FY22,” SBP reports.During September, the balance of trade in goods recorded a deficit of 5.9% year-on-year.Samiullah Tariq predicts that exchange rate depreciation will help curtail deficit to manageable levels.Pakistan’s current account deficit — the gap between foreign […]
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