As of November 21, 2024, Pakistan’s total liquid foreign reserves have crossed $15.96 billion, a crucial indicator of the country’s financial health, reported 24NewsHD TV channel.
According to State Bank of Pakistan report, during the last two weeks State Bank's foreign exchange reserves increased by $29 million and overall reserves increased to $11.288 billion. The State Bank reserves have reached equal to more than two months of import bills of the country. While reserves of commercial banks decreased by $2.70 billion and reach $4.68 billion. The country's gross reserves exceeded $15.967 billion with an increase of 2 million dollars, State Bank said.
The rise was primarily driven by an uptick in the reserves held by the State Bank of Pakistan , which now totals $11.26 billion. In contrast, commercial banks across the country hold $4.71 billion in net foreign reserves.Posted 09:57 AM, 21 Nov, 2024Anti-Narcotics Force personnel recovered 1.396 kg of cocaine worth more than Rs13.9 million from a Brazilian woman during an operation at ...
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