DAWN.COM

Today's Paper | May 20, 2024

Published 05 Jul, 2012 08:16pm

Foreign exchange reserves rise

ISLAMABAD, July 5: Pakistan's foreign exchange reserves rose to $15.236 billion in the week ending June 29 from $14.96 billion the previous week, the central bank said on Thursday.

Reserves held by the State Bank of Pakistan rose to $10.802 billion from $10.54 billion, while those held by commercial banks rose slightly to $4.434 billion from $4.429 billion.

Foreign exchange reserves hit a record $18.31 billion in July 2011, boosted by a $191.9 million loan from the World Bank and a $196.8 million loan from the Asian Development Bank.—Reuters

Read Comments

Special flight with 1st batch of Pakistani students from Bishkek lands at Lahore airport Next Story