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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Pakistan considers establishing National Crypto Council

The Pakistan government is exploring the options to establish a National Crypto…

French fishermen to block British Fishermen from ports

Paris: French fishermen stated on tuesday that they would plan actions, entailing…

Gold price decreases by PKR4,300 per tola

Karachi: In line with the international market, the price of gold dropped…

Careem on hiring spree in Pakistan, Jordan and Egypt

Careem has dozens of open engineering roles in Pakistan, Jordan, and Egypt…