The State Bank of Pakistan’s (SBP)-led foreign exchange reserves witnessed $31 million increase during the last week. The central bank’s reserves rose to $ 7.646 billion during the week ended on October 6, 2023 compared to $7.615 billion as of September 28, 2023. However, during the week under review, net foreign exchange reserves held by commercial banks declined by $32 million to $5.383bn.
You May Also Like
$6 billion tranche: Pakistan-IMF fail to reach agreement
Despite meeting stringent requirements, Pakistan has yet to reach an agreement with…
- Sanniah Hassan
- October 17, 2021
Oil prices fluctuate after two-day rally
Oil prices fluctuated on Thursday after a two-day rally as traders looked…
- Alina Hashmi
- April 13, 2023
Germany eyes investment opportunities in Karachi
Consul General of Germany Dr Rudiger Lotz called on the Mayor Karachi…
- Hafsa Mustafa
- October 21, 2023
Tesla’s third-quarter profit dips 44% on poor deliveries
Tesla reported a 44 percent drop in its third-quarter net income driven…
- Alina Hashmi
- October 19, 2023