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HomeBusinessIncrease in foreign exchange reserves reached the level of 14 billion 45...

Increase in foreign exchange reserves reached the level of 14 billion 45 crore 89 million dollars

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Increase in foreign exchange reserves reached the level of 14 billion 45 crore 89 million dollars

Pakistan received $1.1 billion from the IMF last week—Photo: File

Karachi: After receiving a new tranche of loan from the International Monetary Fund (IMF), the foreign exchange reserves of the State Bank increased by more than one billion 11 million dollars, as a result of which the total reserves increased to 14 billion 458 million dollars. surfaced.

According to the data released by the State Bank, the government’s foreign exchange reserves exceeded 9 billion dollars and after the receipt of 1.1 billion dollars from the IMF, the government reserves increased by 1.114 million dollars last week.

The data showed that the value of government reserves has reached the level of 9 billion 123 million dollars and the total foreign exchange reserves have reached 14 billion 45 million 89 million dollars.

The State Bank said that out of the total deposits, commercial banks have deposits of 5 billion 338.6 million dollars.

Increase in foreign exchange reserves reached the level of 14 billion 45 crore 89 million dollars

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