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Interbank: Dollar has become cheaper

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On the second day of the business week, the dollar became cheaper by 10 paise in the interbank According to the State Bank of Pakistan, the dollar closed at 278 rupees 32 paise in the interbank In addition, the business ended negatively in the Pakistan Stock Exchange.

On the other hand, a significant decrease was recorded in the rate of loans in proportion to the gross national product of the country. According to data from the State Bank and securities financial institutions, the ratio of loans to the gross national product of the country reached the level of 65 percent during the fiscal year 2024. The percentage was The ratio of debt to GDP was at its lowest level since 2018 during the last financial year, the ratio of external debt to GDP decreased during the last financial year to 20.5%. to 26.3 percent in FY 2023. Internal debt increased while external debt decreased during the last financial year. A decrease of 277 billion rupees was recorded in external borrowings during the last financial year.


(Except translation, this story has not been edited by pipanews staff and is published from a syndicated feed.)
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