Pakistan’s trade deficit for 9 months period of July – March fell 35.5% to $22.9 billion (last: $36 billion).
Exports for the period declined by 9.9% to $21 billion (last: $23.4 billion) while imports decreased by 25.3% to $44 billion (last: $58.9 billion).
The uncontrolled Rupee slide, with a dip in remittances, which has exacerbated the Rupee slide, rising interest rates have added to decrease in exports.
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