Pakistan’s forex reserves barely enough to provide import cover for 18.5 days
[ad_1] Islamabad: The foreign exchange reserves held by the State Bank of Pakistan (SBP) have plunged to precarious levels as the cash-strapped nation desperately seeks to revive the stalled bailout programme of the International Monetary Fund (IMF), local media reported. Due to foreign debt payments, the central bank said its reserves fell $592 million to…