KARACHI: As per the weekly data released by the State Bank of Pakistan (SBP), the foreign exchange reserves after the addition of $38mn were recorded at $13.03bn.
According to the statistics, the value of reserves held by commercial banks was recorded at $7.14bn thus, taking the value of net reserves to $20.15bn.
It is being forecasted that the foreign exchange reserves will surge in the upcoming days due to the hike in yields of Pakistan Investment Bonds (PIBs).
For news and blogs, visit Graana.com.
Matiari, a district in Sindh province rich in history and culture, is well-known for its…
The Indus Highway, officially called National Highway 55 (N-55), is a 1264 km two—to four-lane…
Khairpur Tamewali is a town located in Bahawalpur, Pakistan. Known initially as Tanori, named after…
Amidst the lush valleys of the Malakand region in Khyber Pakhtunkhwa, Pakistan, lies the city…
Situated at the base of a hill with natural springs and shaded by a verdant…
Phool Nagar is in Pakistan's Punjab Province, in the Kasur District. It changed its name…