Pakistan's foreign exchange reserves increase by $17 million, reaching $7.91 billion as of March 8.
Pakistan's State Bank reported a $17 million increase in foreign exchange reserves, bringing the total to $7.91 billion as of March 8. The country's total liquid foreign reserves reached $13.15 billion, while commercial banks held $5.24 billion in net foreign reserves. The rise in reserves is attributed to a boost in dollar deposits, both at the State Bank and commercial banks, providing a positive economic indicator for Pakistan.
March 14, 2024
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