Pakistan's foreign exchange reserves increased

 

State Bank of Pakistan has released the data of domestic foreign exchange reserves.

 

According to the report issued by the State Bank, an increase in foreign exchange reserves was recorded for the first time in the second week of the new year.

The State Bank says that by stopping imports, the decline of foreign exchange reserves has stopped. As of January 13, domestic foreign exchange reserves were 10 billion 44 million dollars.

 

In the second week of January, foreign exchange reserves increased by 255.8 million dollars.

 

The State Bank's reserves are $4.60 billion with an increase of $258 million, while the foreign exchange reserves of commercial banks decreased by $2.2 million to $5.84 billion as of January 13.