The State Bank of Pakistan’s (SBP) foreign exchange reserves increased marginally on a weekly basis, according to central bank statistics released on Thursday.
According to the most recent SBP statistics, the SBP’s foreign currency reserves were $11.725 billion on January 10, an increase of $30 million from $11.695 billion on January 3. This is the first weekly rise in the central bank’s reserves following three consecutive decreases.
The country’s total liquid foreign currency reserves, comprising net reserves held by banks other than the SBP, were $16.451 billion, an increase of 73 million over the previous week.
Bank net reserves was $4.726 billion, up $42 million from $4.683 billion the previous week.
Related posts:
NEPRA presents a methodology to lower power prices by Rs25 per unit.
KSE-100 index surges by over 500 points in tumultuous trading session.
PTA blames government, as senators dispute legality of internet shutdowns.
Azeri air and ground crews get training at the Pakistan Air Force Base.
Senate panel requests investigation into NTDC’s Rs1.28 billion irregularity in World Bank-funded grid station project.
The nation fervently commemorates Quaid-e-Azam’s 148th birthday.
Large Gas Reserves Found in Khyber Pakhtunkhwa
Pakistan is now the world’s third-largest exporter of sesame seeds.
Babar Azam became the third cricketer to score 4,000 runs across all formats.
VEON invests $15 million in Mobilink Bank for digital development.
ICC team visits Karachi Stadium to oversee Champions Trophy preparations.
Affiliation with Thousands of Punjab’s Private Schools Under Threat