Forex reserves rise to $17.339 billion
KARACHI: The foreign exchange reserves of the country increased by $311 million to $17.339 billion, State Bank of Pakistan weekly report issued here on Thursday said. "The forex increase was...
June 02, 2011
"The forex increase was due to inflow of home remittances," said a Central Bank spokesman.
The Central Bank said that forex reserves were $17.065 billion on May 21 that jumped to $17.339 billion on May 28.
Giving a break up, it said that reserves held by SBP were $13.906 billion and that held by other banks stood at $3.44 billion. (APP)
