State Bank of Pakistan reserves up at $10.892bln

[Pakistan Space Agency]

State Bank of Pakistan reserves up at $10.892bln
December 20, 2019

KARACHI: Foreign exchange reserves held by the central bank improved to $10.892 billion in the week ended December 13, from $9.233 billion a week earlier, it said on Thursday.

“SBP- (State Bank of Pakistan) held reserves increased $1,659 million to $10,892.9 million. This increase is attributed to multilateral and other official inflows including proceeds of $1,300 million received from Asian Development Bank,” the central bank said in a statement.

Total forex reserves held by the country rose to $17.655 billion from $16.048 billion. The reserves held by commercial banks, however, fell to $6.762 billion from 6.814 billion.

https://www.thenews.com.pk/print/585765-state-bank-of-pakistan-reserves-up-at-10-892bln

 

[Pakistan Space Agency]

Congratulations Pakistan Tehrik-e-Insaf.

After 16 months, Foreign Reserves are now finally higher than previous PML-N Government's $9.6 billion Foreign Reserves recorded in 2018.

 

[Dil Pakistan]

They are now even higher than this figure.

 

[Dark-Destroyer]

Laanat on nawaz sharif and the khaaandaan

 

[PakSword]

State Bank of Pakistan reserves up at $10.892bln
December 20, 2019

KARACHI: Foreign exchange reserves held by the central bank improved to $10.892 billion in the week ended December 13, from $9.233 billion a week earlier, it said on Thursday.

“SBP- (State Bank of Pakistan) held reserves increased $1,659 million to $10,892.9 million. This increase is attributed to multilateral and other official inflows including proceeds of $1,300 million received from Asian Development Bank,” the central bank said in a statement.

Total forex reserves held by the country rose to $17.655 billion from $16.048 billion. The reserves held by commercial banks, however, fell to $6.762 billion from 6.814 billion.

https://www.thenews.com.pk/print/585765-state-bank-of-pakistan-reserves-up-at-10-892bln

Mian saanp ke sunehri daur main reserves main 5 saal main 5 billion dollar ka record izafa hua..

Although debt had risen to new heights:

01-Jun-2013 to 31-May-2018


We need Miaan Saanp back!!!

 

[POTTER]

Sharif Family peyy Lanat.

 

[Mugen]

Lanat on Sharif and Zardari family. Loot kings of Pakistan.

 

[Microsoft]

Laanat on Shariffs and patwaris for supporting their theft

 

[Foxtrot Delta]

This is good imagine in 5-8 years if we have no war imposed on us we might be able to catch up to bangladesh and eventually iran and egypt.

 

[AZ1]

PTI also had to paidback loans taken by PMLN around $10 billion.

http://www.radio.gov.pk/01-07-2019/...ing-on-loans-taken-by-previous-governments-pm

 

[bafxet]

Congratulations Pakistan Tehrik-e-Insaf.

After 16 months, Foreign Reserves are now finally higher than previous PML-N Government's $9.6 billion Foreign Reserves recorded in 2018.

O mare bhai. The sudden spike is because of USD borrowed at suicidal return rate of 13.25% per annum.

Presenting govt, of keeps borrowing at this pace than will leave a mountain of debit for the coming govt.

 

[Foxtrot Delta]

O mare bhai. The sudden spike is because of USD borrowed at suicidal return rate of 13.25% per annum.

Presenting govt, of keeps borrowing at this pace than will leave a mountain of debit for the coming govt.

Most likley coming government is yet again PTI . In Sha Allah.

 

[Imran Khan]

Stability is must

 

[jericho]

Good that its increasing but it needs to improve a lot more. In our good times we have always been around the 20 bn range which is very little for a huge country like us. Hopefully this ceiling will be broken and we go past 30 - 50 bn soon

 

[bafxet]

Most likley coming government is yet again PTI . In Sha Allah.

There is nothing to celebrate upon if PTI returns to power because life of a common Pakistani will become even more miserable.