Pakistan returned loans to Emirati banks, foreign exchange reserves were reduced to 4.5 billion dollars

Pakistan returned loans to Emirati banks, and foreign exchange reserves were reduced to 4.5 billion dollars

Pakistan returned loans to UAE banks, after which foreign exchange reserves further dwindled.

According to sources in the Ministry of Finance, Pakistan's foreign exchange reserves fell to $4.5 billion after a further decrease of $1.2 billion.

Sources say that foreign exchange reserves are less than one month's imports.

Sources said that a loan of 600 million dollars to Emirates Bank and 420 million dollars to Dubai Islamic have been returned.

According to the sources, Pakistan needs the help of foreign aid for the Geneva conference, and efforts will be made to provide 1.5 billion dollars for the Geneva conference.

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