Bhutto, her husband Asif Ali Zardari and several others were investigated after suspicions were raised by foreign currency operations at a bank in the eastern Spanish town of Onteniente and the purchase of a house in Spain.
But Joaquin Banos, spokesman for the prosecutor's office at the Superior Court in the eastern region of Valencia, said prosecutors were unable to find sufficient evidence of wrongdoing during more than two years of investigations.
Banos said the case became unsustainable after the Pakistani government of President Pervez Musharraf, which took part in the prosecution, decided not to proceed with it earlier this year.
Bhutto has also been under investigation for corruption and money laundering in Pakistan and Switzerland.
The two-time prime minister returned to Pakistan in October after eight years in exile following negotiations with Musharraf. She plans to run in parliamentary elections slated for January.
Bhutto was the first female premier in the Muslim world but her governments collapsed in 1990 and 1996 over corruption allegations.
Russian Finance Minister Anton Siluanov announced a possible move that Russia can take in response to new US sanctions
When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked
The Central Bank of Turkey announced measures to protect the financial market of Turkey against the background of the collapse of the Turkish lira and conflict of interests with the United States of America