Pakistan’s foreign exchange reserves reach all-time high

By: News Desk      Published: 08:17 PM, 23 Jul, 2021
Pakistan’s foreign exchange reserves reach all-time high

Pakistan’s foreign exchange reserves reach all-time high in the history of the country, reported 24NewsHD TV channel Friday.

The foreign exchange reserves of the country increased by $810million till July 16 as the total foreign exchange reserves reached the highest level ever of $25.12billion.

The State Bank of Pakistan’s reserves rose to $18.05billion after an increase of $840m.

However, the commercial banks' reserves saw a decline of $20.92million to reach $7.07billion.

The foreign exchange reserves of the country were boosted by the sale of euro bonds worth $1.04billion.

Reporter: Ashraf Khan

Categories : Business