HomeEconomy19-month high: State Bank Pakistan reserves surpass $10b mark

19-month high: State Bank Pakistan reserves surpass $10b mark

Government’s efforts to boost the foreign exchange reserves have borne fruit as the reserves held by the central bank have shot up to a 19-month high, surpassing the $10-billion mark.

The foreign exchange reserves held by the central bank increased 18% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.

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