KARACHI: Pakistan’s foreign exchange reserves fell 1.89 percent to $16.369 billion as of August 31, the central bank said on Thursday.
The foreign reserves stood at $16.685 billion in the previous week. The forex reserves held by the State Bank of Pakistan amounted to $9.885 billion, down $342 million, compared with the preceding week.
The decline in the foreign exchange reserves is due to external debt servicing and other official payments.
The foreign exchange reserves of commercial banks rose to $6.484 billion against $6.458 billion.
Federal Minister for Industries & Production Rana Tanveer Hussain talking on women-led businesses at Women...
BYD's 10-millionth vehicle, DENZA Z9. — BYD website/FileKARACHI: BYD, a global leader in new energy vehicles and...
This image shows gold bars. — AFP/FileKARACHI: Gold prices rose by Rs3,600 per tola on Tuesday in the local market...
A child labourer is busy preparing raw bricks at a local kiln. — APP/FileLAHORE: The exploitation of workers in...
This photograph shows a view of the building of COP 29 Summit in Baku on November 10, 2024. — AFPBAKU: A deal at the...
A container ship enters the Port of Los Angeles in San Pedro, California, US on Feb, 1, 2021. — AFP/FileKARACHI:...
