Pakistan’s foreign exchange reserves jump to 53-month high ...palestine

The State Bank and commercial banks held foreign exchange reserves of over $23.5 billion for the first time in 53 months. The last time Pakistan’s total foreign exchange reserves were at this level was on November 25, 2016. Meanwhile, foreign reserves held by the State Bank alone stood at a four-year high at $16.43 billion for the week ended April 23. During the week, State Bank reserves increased by $384 million. Commercial banks held $7.1 billion.   The State Bank shared the foreign exchange reserves data by a week’s delay. The State Bank’s foreign exchange reserves have been at a comfortable level since April when it received $2.5 billion in proceeds from the issuance of Pak

Hence then, the article about pakistan s foreign exchange reserves jump to 53 month high was published today ( Friday 30/04/2021 - 03:15 PM ) and is available on samanews ( palestine ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Pakistan’s foreign exchange reserves jump to 53-month high )

Also on site :

• Gold Star Distribution Inc., Issues Recall of Certain FDA-Regulated Products in Three States Including Drugs, Devices, Cosmetics, Human Foods, and Pet Foods
• ’Beverly Hills, 90210’s Jason Priestley Shares Bold Callout After ‘Worst’ Travel Experience
• Tyler Perry Sued for Sexual Assault By New Accuser, an Actor in a ‘Madea’ Movie