Pakistan's Foreign Exchange Reserves Rise by $84 Million
- By Ujala Asad --
- 15 Nov 2024 --
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KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $84 million to $11.258 billion during the week ended on November 8, announced the central bank on Thursday.
Reports in the media suggest that the government is still unable to rollover loans from China, Saudi Arabia, and the UAE. The threat of repaying a total of $26.2 billion in FY25 remains unaddressed so far.
The country’s overall reserves stood at $15.965 billion, including $4.706 billion held by commercial banks.
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