The commercial banks' foreign exchange reserves decreased by $6 million, leaving them with $5.31 billion in total.
Karachi: Arif Habib Limited (AHL) revealed that the total foreign exchange reserves in the treasury dropped by $131million on Thursday.
According to the report, the State Bank of Pakistan (SBP) still has $7.9 billion in foreign exchange reserves after paying off a $125 million external loan in a single week.
However, the commercial banks' foreign exchange reserves decreased by $6 million, leaving them with $5.31 billion in total.
Additionally, it said that the national treasury's overall foreign exchange reserves decreased by $131 million, coming to $13.2 billion.
As per details, the 1.76 months of import can be covered with the forex reserves remaining in SBP.
Moody's changes outlook of Pakistani banks from ‘stable’ to ‘positive’
- 3 hours ago
How Samsung’s Galaxy Z Flip failed me without actually breaking
- 3 hours ago
Google Wallet launches in Pakistan
- 7 minutes ago
Order to transfer super tax pending appeals to SC
- 4 hours ago
Sindh to not purchase wheat this year
- 3 hours ago
Cold weather in Balochistan after rain, hail
- 6 hours ago
Deputy District Attorney Liaquat Ali shot dead in Khairpur
- 3 hours ago
Security high alert ordered in Punjab amid current situation
- 2 hours ago
Cashless future on horizon: Google Wallet to Launch in Pakistan today
- 5 hours ago
WhatsApp Business unveils new branding icon with plus sign
- 24 minutes ago
Mustafa murder case: Accused Armaghan’s physical remand granted for another week
- 4 hours ago
Measles worsens again in Karachi, children admitted to hospitals
- 3 hours ago
