City
Epaper

Pakistani central bank's forex reserves rise $66 mn

By IANS | Updated: February 24, 2023 02:45 IST

Islamabad, Feb 24 The State Bank of Pakistan (SBP) has said that its foreign exchange reserves have increased ...

Open in App

Islamabad, Feb 24 The State Bank of Pakistan (SBP) has said that its foreign exchange reserves have increased by $66 million.

During the week ending on February 17, the total foreign exchange reserves of the SBP rose to around $3.26 billion, the SBP added on Thursday in a statement.

Net foreign reserves held by commercial banks came at $5.47 billion, it said.

Total liquid foreign reserves held by the South Asian country stood at about $8.73 billion, according to the central bank.

This is the second consecutive week the central bank has witnessed a slight increase in its foreign exchange reserves, a positive sign for Pakistan as its reserves went down to $2.91 billion a couple of weeks ago, Xinhua news agency reported.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: State Bank of PakistanpakistanislamabadSBPDhs punjab
Open in App

Related Stories

InternationalPakistan Lahore Airport Fire: Runway Shut Down After Massive Blaze, Flights Cancelled, Passengers Stranded (Watch Video)

NationalPahalgam Terror Attack: Amit Shah Directs States to Identify and Deport Pakistani Nationals

NationalPakistan Fires Small Arms Along LoC, Indian Army Retaliates Effectively

NationalPakistan Shuts Border, Suspends Shimla Agreement, Trade and Airspace for Indian Airlines

NationalIndian Citizens With Valid Visas Denied Entry Into Pakistan at Attari-Wagah Border; Video Goes Viral

Politics Realted Stories

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill

NationalParliament Passes Waqf Amendment Bill: Two JDU Leaders Resign Over Party's Support