Pakistan pays off $ 600 million for Sukuk bonds

Updated on

30 Nov -1, 00:00:00 LMT

Summary

Payment made by Government of Pakistan includes $ 500 million for real value of the bonds while $ 100 million was paid to compensate the Interest. Due to an increase in Foreign Exchange Reserve of the country, the payment was made easily.After the payment a decrease in the Foreign Exchange Reserve was recorded.