Updated at: 1754 PST, Thursday, December 31, 2009
KARACHI: The foreign exchange reserves of the country have risen to 13.9676 billion dollars, showing an increase of 244.4 million dollars in the week ended December 26, said a statement of State Bank of Pakistan.
According to breakup, the reserves held by the SBP amount to 10.2946 billion dollars while those with the commercial banks stand at 3.6703 billion dollars.
The reason for the rise in the country’s foreign exchange reserves is the financial assistance of 200 million dollars received from Saudi Arabia.
KARACHI: The foreign exchange reserves of the country have risen to 13.9676 billion dollars, showing an increase of 244.4 million dollars in the week ended December 26, said a statement of State Bank of Pakistan.
According to breakup, the reserves held by the SBP amount to 10.2946 billion dollars while those with the commercial banks stand at 3.6703 billion dollars.
The reason for the rise in the country’s foreign exchange reserves is the financial assistance of 200 million dollars received from Saudi Arabia.
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