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July 24, 2020

Forex reserves rise to $19.047bln

Business

July 24, 2020

KARACHI: Pakistan’s foreign exchange reserves rose to $19.047 billion during the week that ended July 17 from $18.952 billion a week ago, the central bank reported on Thursday. The forex reserves held by the State Bank of Pakistan increased $67 million to $12.121 million, due to official inflows, it said.

The foreign exchange reserves held by commercial banks also increased to $6.925 billion from $6.897 billion.