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Thursday March 28, 2024

Forex reserves rise to $15.577bln

By Our Correspondent
November 29, 2019

KARACHI: Pakistan’s foreign exchange reserves increased to $15.577 billion in the week ended November 22 from $15.462 billion a week ago, the central bank reported on Thursday.

The forex reserves held by the State Bank of Pakistan rose $240 million to $8.682 billion due to official inflows, the SBP said. However, the foreign exchange reserves held by commercial banks fell to $6.895 billion from $7.020 billion.