Pakistan’s Foreign Exchange Reserves Cross $15.5 Billion

According to the weekly report of State Bank of Pakistan (SBP), foreign exchange reserves of Pakistan are at the highest since June 2019.

The total foreign exchange reserves of Pakistan crossed the $15.5 billion mark reaching a total of $15,577.7 million during the week that ended on November 22nd.

As per the report, the total foreign reserves of State Bank have recorded an increase of $240 million and stand at $8,682.3 million. While the commercial banks have a total of $6,895.4 million of foreign reserves.

At the end of October, the total foreign exchange reserves of the country stood at $15,423.8 million.

The total foreign exchange reserves of Pakistan were recorded at $13,756.8 million at the end of 2018.

Historic Foreign Exchange Reserves 

Pakistan’s foreign exchange reserves reached an all-time high in 2016. During October 2016, total foreign exchange reserves stood at $24,025.80 million.

All-time lowest foreign exchange reserves of Pakistan were recorded in 1999 when the country had $1,973.60 million in reserves.

Via: SBP

  • Congratulations,
    As Promised PM IK will transfer the benefit of this reserved to the peoples.
    1st Step is to lowering the petroleum prices.
    Its 25 Paisa !!!
    What a shame!

    • zani hijra baatein bari bari karta ground level par performance nai. Dollar ka rate kam nai hora, desi liberal nanga ghoom raha hai, har field mein zawal aya wa hai. Yahi hoga eik kabees janwar ko pm banaye ge establishment phir khuda ka azaab he ayega. zina badkari aam hogaye hai woh be aise mulk mein jo islam ke nam pe bana. eik zani toh pm hai toh bake logon ko chor do.

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