Pakistan's foreign exchange reserves hit $16.62 billion, marking a significant economic recovery.

Pakistan's foreign exchange reserves have surpassed $12 billion for the first time since 2022, reaching $16.62 billion in total, including commercial banks' holdings. The increase, aided by the Special Investment Facilitation Council and an inflow from the Asian Development Bank, marks a significant economic recovery and signals potential growth and resilience. This surge in reserves, driven by improved exports and remittances, is seen as a positive indicator of Pakistan's financial health. Experts highlight the need for sustained support and disciplined policies to maintain these levels.

3 months ago
6 Articles