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KARACHI: The country’s foreign exchange reserves stood at $23,091 million for the week ending July 15, 2016 compared with $23,063m the previous week, the State Bank of Pakistan (SBP) announced on Thursday.
The SBP held $18,077m while commercial banks held $5,014m.
Published in Dawn, July 22nd, 2016
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Comments (4) Closed
Jul 22, 2016 08:56am
Excellent news of increase in Foreign Exchange Reserves only if it increases because of Exports and not because of AID & Loans.
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Jul 22, 2016 02:52pm
Hmmmm... it means more debt... and will result in even more increase in debt servicing...
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Jul 22, 2016 04:52pm
Lets wait until all the payments have been made back to IMF to understand the true situation of the reserves.
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Jul 22, 2016 04:58pm
Bangladesh Reserves over $30bn.
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