Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $33 million on a weekly basis, clocking in at $9.44 billion as of August 30, data released on Thursday showed.
Total liquid foreign reserves held by the country stood at $14.74 billion. Net foreign reserves held by commercial banks stood at $5.30 billion.
The central bank did not specify a reason for the increase in the reserves.
“During the week ended on 30-Aug-2024, SBP reserves increased by US$ 33 million to US$ 9,436.8 million,” it said.
Alhamdulillah! we have come a long way. Remember we had $2.8 B just a year and half ago. Darnomics steered the country out of crisis and gave us a roadmap. We are moving towards the right direction.
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Abdullah Qazi Sep 05, 2024 11:21pm
@SAd, sir it was darnomics which pushed us against the wall we need to acknowledge the role of our current prime minister who reached out to kristalina georgiva subsequently caretaker government
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Shahid fareedSep 05, 2024 11:51pm
Very nice
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Az_Iz Sep 06, 2024 12:57am
@SAd, Darnomics is the worst economics. It should be taught in every bussiness school, as something that should not be followed, if you don't want your country's economy to go down the drain.
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AlihaSep 06, 2024 06:34am
I miss pizza hut too much the original pizza hut… please come back… i use to eat pizza hut daily and on weekends i hse to have full large stuff crust pizza.
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