Business

Pakistan’s foreign exchange reserves rise by $60 million in a week: SBP

KARACHI (Dunya News) – The State Bank of Pakistan (SBP) on Thursday released the latest data on the country’s foreign exchange reserves, showing a weekly increase of $60 million.

According to the SBP report, the central bank’s reserves rose by $22 million, reaching $14.52 billion by the end of the week. Similarly, commercial banks’ reserves increased by $39 million, bringing their total to $5.19 billion.

As a result, the country’s total foreign exchange reserves climbed to $19.72 billion, reflecting a stable upward trend despite global economic pressures.

Financial analysts say the improvement in reserves indicates stronger external account stability, supported by export receipts, remittances, and steady inflows from financial institutions.

Experts also believe that maintaining this positive momentum will help the rupee stay firm against the dollar and improve investor confidence in the local economy.
The SBP continues to monitor external inflows closely as part of its efforts to build stronger foreign exchange buffers and ensure economic resilience.

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