Pakistan’s Foreign Reserves Reach $20 Billion After Almost 3 Years

0

Pakistan’s liquid foreign reserves, which continued to build up in the past couple of weeks with the consistent inflows of foreign exchange through loans or other receipts, now stand at over $20 billion.

The reserves of the State Bank of Pakistan have increased to $12.93 billion as of November 13, 2020, which is the highest level since February 2, 2018.

The reserves maintained by commercial banks stood at $7.15 billion. The total liquid foreign reserves held by the country rose to $20.08 billion, according to the State Bank of Pakistan (SBP).

Pakistan

A.A.H Soomro, Managing Director at Khadim Ali Shah Bukhari, tweeted:

Leave a Comment