State Bank of Pakistan's reserves rise
KARACHI: The State Bank of Pakistan’s foreign exchange reserves rose by $16 million to $21.469 billion during the week ended on Oct 9, reported the central bank on Thursday. The SBP has maintained a record-high increase in reserves since inflows of $3bn from the sale of Eurobonds, despite a rising trade deficit. The country’s total reserves reached $26.863bn during the week, including $5.393bn…
We haven't written up this one. Dawn Business has the full story — the link below goes straight to it.
