Pakistan’s foreign exchange reserves rises to $13.2billion
By News Desk
March 14, 2024 08:54 PM
Pakistan’s foreign exchange reserves have seen a modest increase as the total reserves climbed to $13.2 billion, reflecting a rise of $131 million, reported 24NewsHd TV channel Thursday.
According to a State Bank report, the rise in reserves was primarily attributed to the augmentation of dollar deposits.
State Bank's own dollar deposits experienced a significant boost, soaring by $1.07 billion to an impressive $7.9 billion.
Furthermore, commercial banks reserves increased by $11.4 million to reach $5.2 billion.