KARACHI: The foreign exchange reserves were recorded at $17,199.6 million, marking an increase of 0.3 per cent on a weekly basis, the State Bank of Pakistan (SBP) reported.
In addition, the overall liquid foreign currency reserves held by other banks were recorded at $23,925.9 million.
SBP’s foreign exchange reserves surged to an all-time high and were recorded at $20.15 billion. This was accredited to receiving the general allocation of Special Drawing Rights (SDRs) of $2,751.8 million from the International Monetary Fund (IMF) in August.
For more news, visit Graana.com.
The Water and Sanitation Agency (WASA) Lahore is set to initiate a landmark sewerage upgrade…
Islamabad: The federal government is likely to include the Tax Laws (Amendment) Bill, 2024 in…
Islamabad: The International Monetary Fund (IMF) Executive Board is set to convene on Friday, May…
Members of the National and Punjab Assemblies have lauded the provincial government’s plan to introduce…
ISLAMABAD: The Capital Development Authority (CDA) has recorded a historic development expenditure of Rs25 billion…
ISLAMABAD: The federal government is set to inaugurate the Islamabad Information Technology Park on August…