Pakistan’s forex reserves climb to $20.05402 bln

[The Vicious Kind]

Even tiny 3rd world country Bangladesh has 30 billion. We are way behind than developed countries

Yeah, but considering that we have be in a state of war since more than a decade and also faced two major natural disasters, i think the economic outlook could have been much much worse.

 

[New Resolve]

Need to have 50b in reserves for a country our size.

 

[Peaceful Civilian]

Need to have 50b in reserves for a country our size.

 

[iioal malik]

Current government fighting for Pakistan on all fronts .....hats off Pakistan zindabad

 

[Shotgunner51]

KARACHI: Pakistan’s total liquid foreign exchange reserves have risen to 20.05402 billion dollars, said State Bank of Pakistan (SBP) on Thursday.

According to SBP, the forex reserves held by the SBP on October 2 amounted to 15.202 billion dollars while the net foreign reserves with other banks stood at 4.85202 billion dollars.

During the week ending October 2, SBP’s liquid foreign exchange reserves increased by 1.794 billion dollars to 15.202 billion dollars compared to 13.408 billion dollars in the previous week.

During the week, the SBP received 505 million dollars from International Monetary Fund (IMF) under EFF, 500 million dollars as proceeds of Pakistan International Bonds, 376 million dollars under Coalition Support Fund (CSF) and 263 million dollars as syndicate financing for Government of Pakistan.

Pakistan’s forex reserves climb to $20.05402 bln - thenews.com.pk

Good progress PK bros!
Pakistan shall keep growing stronger, best wished from CN bros!