TRADE & ECONOMY
Pakistan’s foreign exchange reserves have increased by $27 million, according to the latest data from the State Bank of Pakistan (SBP).
The SBP’s own reserves now stand at $14.55 billion, while commercial banks’ reserves have increased to $5.18 billion, bringing the country’s total reserves to $19.73 billion.
Officials say that the rise in reserves is a positive sign for financial stability and will help ensure the availability of necessary financial facilities for economic activities.
The State Bank emphasized that this increase reflects steps taken to stabilize the economy, and further measures will continue in the coming days to maintain stability in foreign exchange reserves.
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