The central bank didn't specify a reason for the increase in the reserves

Published 9 months ago on Jun 6th 2024, 8:07 pm
By Web Desk

Karachi: The country's foreign exchange reserves jumped by $16 million on a weekly basis, clocking in at $9.1 billion as of May 31.
According to the data released by the State Bank of Pakistan (SBP) on Thursday, total liquid foreign reserves held by the country stood at $14.2bn. Net foreign reserves held by commercial banks stood at $5.1bn.
The central bank didn't specify a reason for the increase in the reserves. “During the week ended on 31-May-2024, SBP reserves increased by $16 million to $9,109.5mn,” it said.
Last week, Pakistan’s central bank reserves decreased by $63mn.

Four killed, three injured in separate terrorist attacks on police stations in KP
- 6 minutes ago

PM urges int’l community, HR organisations to raise awareness on religious intolerance against Muslims
- 20 hours ago

The man whose tweets helped kill DEI
- 8 hours ago

Former reality TV star wins longest-ever Iditarod
- a day ago
No change in prices of petroleum products
- 10 hours ago
Police book singer Naseebo Lal's husband in domestic violence case
- 21 hours ago

100 acres of land allocated for Danish University: PM
- a day ago
Explosion near bus in Nushki leaves seven dead, dozens injured
- 24 minutes ago
Lashkar-i-Islam founder Mufti Munir Shakir killed, 3 others injured in Peshawar blast
- 17 hours ago

Pakistan wins Davis Cup Juniors 2025 title
- 18 hours ago
Security forces neutralise nine terrorists in separate IBOs in KP: ISPR
- 19 hours ago

Laptop charged in few minutes with solar energy introduced
- a day ago
You May Like
Trending