Deficit contracts to $2.84b mainly due to significant drop in imports

Move in line with expectations due to low inflation outlook, combating virus impact on economy

It will be in backdrop of low inflation outlook, coronavirus fears

foreign investors would return to domestic debt market once world successfully overcomes spread of the coronavirus

Most of the selling was made in past one month

Currency dealers meet SBP high-up to discuss issue

Pressure mounts as foreigners pull out investment amid virus fears

Earnings amounted to $14.36b in the same period of previous fiscal year

Currency loses Rs2.34 to close at Rs156.58 in inter-bank market

Lower oil prices can help decelerate inflation, curtail import bill and cut interest rates