Wednesday, January 22, 2025
-Advertisement-

Pakistan’s State Bank Reserves Increase by $13 Million, Totaling $8.05 Billion

- Advertisement -

The State Bank of Pakistan (SBP) reported a $13 million increase in its foreign exchange reserves on a weekly basis, reaching $8.05 billion as of February 9, according to data released on Thursday.

The country’s total liquid foreign reserves, including reserves held by commercial banks, amounted to $13.15 billion, with commercial banks holding $5.1 billion in net foreign reserves.

- Advertisement -

While the central bank did not specify the reason for the increase in reserves, it noted that during the week ending February 9, 2024, SBP’s reserves rose to $8,056.5 million.

This follows a decrease of $173 million in Pakistan’s central bank reserves reported in the previous week.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Zubair Yaqoob
Zubair Yaqoob
Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories.Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting.Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.

Latest stories

-Advertisement-

Highlights of the Week
Related

Pakistan Eyes Strategic Partnerships, Green Growth at WEF 2025

The 2025 World Economic Forum (WEF) presents a pivotal...

How Global Tobacco Harm Reduction Trends Can Shape Pakistan’s Future

The world is experiencing a significant shift in how...

Government Seeks Extradition of Bahria Town Tycoon Malik Riaz from UAE

The federal government is pursuing legal avenues to extradite...

AKU’s 10th Annual Surgical Conference Focuses on Innovations in Surgical Care and Patient Safety

The Aga Khan University (AKU), Department of Surgery, proudly...
-Advertisement-
Join our Whatsapp Group for Exclusive News!
Join our Whatsapp Group for Exclusive News!