KARACHI: Pakistan’s foreign exchange reserves surged to an all-time high of $24.461 billion during the week ended October 14 after it received $1 billion proceeds against Pakistan Sukuk Bonds, the central bank said on Thursday.
The reserves stood at $23.492 billion in the previous week. The forex reserves held by the State Bank of Pakistan posted an increase of $1.052 billion to stand at $19.462 billion against $18.410 billion a week earlier.
The forex reserves of commercial banks amounted to $4.999 billion as compared to $5.081 billion in the preceding week.
In this picture, the PCJCCI logo can be seen on September 1, 2022. — Facebook/Pakistan China Joint Chamber of...
A representational image of a US flag pictured alongside a street sign reading "Wall Street" in the New York city. —...
A security guard sits in front of a wall with signs and slogans at the operation building at the Pakistan Steel Mills ...
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The MCB's logo is seen on a wall outside the bank's head office. — MCB websiteKARACHI: MCB Bank Limited on...
A foreign currency dealer counts US dollars at a shop in Karachi. — AFP/FileKARACHI: The rupee lost ground against...
