Pakistan's foreign exchange reserves rise by $41 million
Business
Pakistan’s foreign exchange reserves increased by $41 million during the week ending March 6, according to data released by the State Bank of Pakistan.
KARACHI (Dunya News) – Pakistan’s foreign exchange reserves recorded an increase of $41 million during the past week, according to figures released by the State Bank of Pakistan.
The central bank stated that during the week ending March 6, the reserves rose by $41 million to reach $16.3411 billion.
According to the SBP, the country’s total foreign exchange reserves stood at $21.5983 billion during the same period.
The central bank further said that commercial banks held reserves worth $5.2572 billion.
The increase in reserves reflects a modest improvement in the country’s external financial position.
