Inside Financial Markets
Forex reserves jump to $25.15 billion - Inside Financial Markets

Forex reserves jump to $25.15 billion

– The News

KARACHI: Pakistan’s foreign exchange reserves rose to $25.150 billion in the week ended December 3 from $22.498 billion, the central bank reported on Thursday.

The State Bank of Pakistan (SBP) received a deposit of $3 billion from Saudi Fund for Development.

“After accounting for external debt and other official payments, State Bank of Pakistan reserves increased by $2.648 billion to $18.658 billion,” it said in a statement. The reserves of commercial banks slightly rose to $9.492 billion from $6.488 billion.

Syed Zaki Hussain

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

The Canadian Securities Institute


CSI is part of Moody's Analytics Learning Solutions, which offers educational programs and credentials throughout the world.

Email Newsletter

Subscribe to receive inspiration, news, and ideas in your inbox.

Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)