Pakistan It is not desisting from its cowardly antics. First he got a terrorist attack in Pahalgam, Kashmir. People were shot by asking religion. After this, when the Indian forces demolished the terrorist bases and replaced it, Pakistan again took action to provoke. Pakistan attacked many cities in India with missiles. Since then, there are constant attacks from drone and missile from Pakistan. India’s air defense system has completely thwarted all these attacks. But the condition of Pakistan’s economy is not such that it can withstand this war.
Our treasure is 44 times bigger
Pakistan is caught in war with us, but its economy is sure to be ruined. Pakistan is not in collision with us far and wide. You understand that India’s foreign exchange reserves are 44 times larger than Pakistan. India’s foreign exchange reserves are currently $ 688.13 billion. On the other hand, Pakistan has only $ 15.48 billion foreign exchange reserves. Out of this, State Bank of Pakistan has only $ 10.33 billion reserves and the currency reserves of $ 5.15 billion are with commercial banks.
What is foreign exchange reserves?
The foreign exchange reserves of any country are an important part of the economy of that country. It can also be called the treasure of the country. It is an assets placed in foreign currency, gold and other global financial instruments by the central bank or monetary authority of any country. This reserves are important to maintain the economic stability of any country. There are many components of foreign exchange reserves. This includes foreign currency assets, gold reserves, special drawing rights and reserved status near IMF.
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