City
Epaper

Pakistani central bank's forex reserves rise $66 mn

By IANS | Updated: February 24, 2023 02:45 IST

Islamabad, Feb 24 The State Bank of Pakistan (SBP) has said that its foreign exchange reserves have increased ...

Open in App

Islamabad, Feb 24 The State Bank of Pakistan (SBP) has said that its foreign exchange reserves have increased by $66 million.

During the week ending on February 17, the total foreign exchange reserves of the SBP rose to around $3.26 billion, the SBP added on Thursday in a statement.

Net foreign reserves held by commercial banks came at $5.47 billion, it said.

Total liquid foreign reserves held by the South Asian country stood at about $8.73 billion, according to the central bank.

This is the second consecutive week the central bank has witnessed a slight increase in its foreign exchange reserves, a positive sign for Pakistan as its reserves went down to $2.91 billion a couple of weeks ago, Xinhua news agency reported.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: State Bank of PakistanpakistanislamabadSBPDhs punjab
Open in App

Related Stories

Cricket'India Hamare Baap The..': Pakistani Fan Abuses Men in Green After Loss to India in Asia Cup 2025 Final (Watch)

CricketIND vs PAK 2025 Live Streaming: Head-to-Head Record, When and Where to Watch India vs Pakistan Asia Cup Final

Cricket'Abhishek Sharma Bigger Talent Than Yuvraj Singh': Former Pakistan Cricketer After IND vs PAK Match in Asia Cup 2025

Cricket'He Could Have Taken Side Angle': Former Cricket Umpire on Fakhar Zaman's Dismissal in IND vs PAK Super 4 Match of Asia Cup

Other SportsAfter Haris Rauf and Sahibzada Farhan, Pakistani Footballer Stirs Row With Controversial Gesture During IND vs PAK SAFF U17 Match (VIDEO)

Politics Realted Stories

MumbaiAmeet Satam Appointed As Mumbai BJP President Ahead of BMC Polls

Maharashtra'Chaddi Baniyan' Protest at Maharashtra Assembly: Opposition Stages Agitation Against Sena MLA for Punching and Slapping Canteen Staff (Watch Video)

MaharashtraMaharashtra Monsoon Session: Ajit Pawar Slams Bhaskar Jadhav Over Fund Allegations, Says 'No Need for Unsolicited Advice'

MumbaiUddhav Thackeray Pats Raj Thackeray on Back at Victory Rally Speech; Emotional Video of Thackeray Brothers Goes Viral

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray