State Bank of Pakistan has released the data of domestic foreign exchange reserves.
According to the State Bank, the country’s foreign exchange reserves have increased by 1 billion 51 million dollars in the week ending on October 28.
According to the State Bank report, domestic foreign exchange reserves were 14 billion 670 million dollars till October 28.
According to the report, the reserves of State Bank increased by 1.47 billion dollars to 8.91 billion dollars, while the reserves of commercial banks were 40 million dollars to 5.76 billion dollars.
The State Bank says that the foreign exchange reserves have increased due to the one and a half billion dollar tranche of the Asian Development Bank.