Pakistan’s forex reserves cross $16 billion, SBP data shows

Pakistan’s total foreign exchange reserves rose to $16.076 billion, State Bank of Pakistan (SBP) data showed.
According to the data, the central bank’s reserves stood at $11.418 billion in the week ending November 22, 2024, after an increase of $130 million. Critical levels in pre-CoVID years when fluid is consistently conserved. is more than 20 billion dollars.