Karachi: The total liquid foreign reserves of Pakistan have surged to $21.6 billion, marking a significant increase, according to a statement released by the State Bank of Pakistan. The reserves held specifically by the State Bank have also increased to $16.3 million.
According to Radio Pakistan, this development underscores the country’s improving financial position. The central bank’s reserves are a critical component of the nation’s economic stability, reflecting its capability to manage external obligations and support the local currency. This increase may also impact economic policies and international perceptions of Pakistan’s financial health.