Written by 7:21 am Business

The Foreign Exchange Reserves Increases to $18.2bn

Foreign Exchange Reserves of the Central Bank reaches five year high of $18.2 dollars, for reading the full story click the link below.

The State Bank of Pakistan (SBP) has received $1 billion against the issuance of Eurobonds which took the foreign exchange reserves of the central bank to a five-year high of $18.2bn.

Higher foreign exchange reserves helped the country to bring stability in the exchange rate, improved the current account deficit, and offered support to meet the increasing trade deficit.

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