Pakistan's foreign exchange reserves jump $3 million but still below $8bn-mark
The reserves' position is still critical as Pakistan needs flow of the US dollars to cater for its balance of payments


Karachi: Foreign exchange reserves held by the State Bank of Pakistan (SBP) jacked up $3 million on a weekly basis, clocking in $7.96 billion as of November 11, 2022.
According to data released by the central bank on Thursday, total liquid foreign reserves held by the country stood at $13.8 billion. Net foreign reserves held by commercial banks clocked in at $5.84 billion.
The resevres have witnessed a litte respite as Pakistan received commitments of payments from multiple donors recently.
The reserves’ position is critical for Pakistan which has been desperately seeking dollar inflows to meet its balance-of-payments requirements.

Bottom 10: The spitting distance between Florida and Arizona State
- 7 hours ago

Another person dies of Naegleria in Karachi
- 16 hours ago
Arab, Muslim leaders to meet in Qatar to denounce Israeli attack
- 17 hours ago

Rally Arcade Classics gets manual transmission option in latest update
- 7 hours ago
President expresses Pakistan’s full support for China’s vision of civilisation exchange, mutual learning
- 20 hours ago
Wasim Akram tells Pakistan, India to forget noise and ‘enjoy’ Asia Cup clash
- 21 hours ago
Judiciary is facing challenges in journey to deliver justice: CJP Afridi
- 21 hours ago

Let’s be honest about Charlie Kirk’s life — and death
- 6 hours ago
Nepal returns to calm as first woman PM takes charge, visits wounded
- 16 hours ago

Apple is giving iPhone 14 and 15 users another free year of satellite features
- 8 hours ago

U.S. loss to South Korea another misstep with World Cup prep time running out
- 20 hours ago
PM suspends collection of power bills from consumers in flood-affected areas
- 16 hours ago