Tuesday, October 27, 2020

Pakistan’s foreign exchange reserves surges $743.7 million to $15.709 billion

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Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

Pakistan’s total foreign exchange reserves surged by $743.7 million to $15,709.6 billion during a week, State Bank of Pakistan said on Thursday.

The official reserves of the SBP increased by $715.8 million to $8,838.7 billion as compared with $8.036 billion as of last week, by week ended March 15, 2019

Reserves held by commercial banks also surged by $27.9 million to $6,870.9 billion as compared with $6,779 billion preceding week.

Read also: Pakistan’s foreign exchange reserves up by $ 9.7 million to $14.965 billion

Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]
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