Monthly remittances, exports jump over $5b

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Staff Reporter
Karachi

Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid on Friday said for the first time in the history of country monthly exports and remittances have surpassed five billion dollars.

Moreover, foreign exchange reserves are at $23.22 billion, the highest since July 2017 while the rupee is continuously gaining strength against the US dollar and the credit of these positive development goes to the Government and SBP, he said.