Pakistan’s forex reserves rise by $105 million in one week read more

News Desk:Pakistan’s foreign exchange reserves recorded an increase of $105 million over the course of one week.

According to the State Bank of Pakistan (SBP), the country’s total dollar reserves rose to $21.895 billion following the increase. The central bank’s reserves climbed by $18.6 million to reach $16.40 billion.

Meanwhile, commercial banks registered a rise of $86.8 million in foreign currency accounts during the same period. As a result, the total dollar deposits held by commercial banks stood at $5.50 billion.