Thursday, July 9, 2020

Pakistan’s foreign exchange soars by $ 11.8 million to $14.89 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 $11.8 million to $14.89 billion during a week, State Bank of Pakistan said on Thursday.

The official reserves of the SBP rose by $13.4 million to $8,205.9 billion as compared with $8.192.5 billion as of last week, by week ended February 08, 2019

Reserves held by commercial banks declined by $2.7 million to $6,689.9 billion as compared with $6,692.6 billion preceding week.

Read more: Pakistan’s foreign exchange reserves up by $ 82.6 million to $14.885 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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