Central bank data showed that bank credit to the private sector considered an engine of economic growth, dropped over fivefold in the period under review during the current difficult times. It clearly showed that businesses had been badly hit by the ongoing economic and political crisis.
Islamabad [Pakistan], November 25 (ANI): The International Monetary Fund (IMF) has rejected Pakistan's request to keep a door open for borrowing from the central bank amid the ongoing financial woes in the country.
Karachi [Pakistan], September 10 (ANI): Foreign exchange reserves held by Pakistan's Central Bank fell 0.61 per cent on a weekly basis, according to State Bank of Pakistan's data on Thursday.