Wednesday, February 19, 2025

Significant Increase in Pakistan’s Foreign Exchange Reserves

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Pakistan’s economic prospects are improving as the country’s foreign exchange reserves receive a crucial uplift.

In recent weeks, these reserves have consistently grown, signaling increased confidence in the nation’s financial stability.

The State Bank of Pakistan recently reported a significant rise in foreign exchange reserves.

According to the latest figures, the reserves have grown by $1.92 million, bringing the total to $9.29 billion—a positive sign for the economy.

Additionally, commercial banks have seen a $3 million increase in deposits, now amounting to $5.037 billion. This has led to a total increase of $2.2 million in domestic foreign exchange reserves.

With Pakistan’s total dollar reserves now at $14.066 billion, the country’s economic stability appears to be on a promising path.

This boost in reserves is expected to help stabilize the rupee, curb inflation, and provide a safeguard against external economic shocks.


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