Pakistan, July 10 -- Pakistan's total foreign exchange reserves have crossed the $20 billion mark for the first time in the country's history. The State Bank of Pakistan (SBP) shared this record-breaking update in its latest weekly report, calling it a significant economic milestone.
According to the data, official reserves held by the SBP reached $14.502 billion as of July 4. This marks an impressive increase of $1.774 billion within just one week. At the same time, commercial banks' reserves also rose by $163 million, bringing their total to $5.526 billion.
Altogether, the combined foreign exchange reserves stood at $20.028 billion by the end of that week. Experts say this rise is largely due to inflows from international financial in...
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