Pakistan’s foreign exchange reserves rise slightly

Pakistan’s foreign exchange reserves rise slightly

KARACHI: The State Bank of Pakistan (SBP) has announced that Pakistan’s total foreign exchange reserves rose by $21.4 million, bringing the total to $19.68 billion as of September 5.

According to details, the SBP’s own reserves increased by $33.8 million, reaching $14.33 billion. However, the reserves held by commercial banks saw a decline of $12.4 million, settling at $5.34 billion.

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This slight improvement reflects ongoing efforts to stabilize the economy and manage external financial obligations.

 

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