KARACHI: In a statement released by the State Bank of Pakistan, the foreign currency reserves held by the central bank jumped up by $250 million, to 12.33 billion.
The reserves previously recorded over $12 billion increased by 2.15%.
The country’s overall liquid foreign currency reserves, including other banks, rose to $18,755.1 million from $18,463.0 million during the week.
Currently, Pakistan’s net reserves also increased $6,425.7 million.
Prior to this, the State Bank of Pakistan made a foreign debt repayment of worth $1 billion on the maturity of Sukuk.
For news and blogs, visit Graana.com.
Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…
Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…
Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…
Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…
Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…
Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…