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Pakistan witnessed 65% decline in forex reserves in 2022 — data

  • Pakistan’s official reserves dropped from $16.60 billion to $5.8 billion in 2022 that hardly covers one-month imports 
  • Experts say the specter of default looms large and the resumption of a $7 billion IMF program is the only way out 
By KHURSHID AHMED    ·

Lebanese president snubs budget, delays new exchange rate

By AP ·

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