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Dollar reserves will augment from next week: SBP

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  • Post category:Pakistan
  • Post last modified:18/01/2023
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KARACHI: Speaking to the members of FPCCI on Wednesday (18th of Jan 2023), SBP Governor Jameel Ahmad stated that Pakistan’s dollar reserves would commence augmenting from next week.

Citing the Mettis Global Report he said that maturing projects would assist improving the Forex reserves that dropped to $4.34 Billion on 6th of Jan, 2023 (lowest since 2014).

Presently, Pakistan’s foreign reserves can only cater to three weeks of imports.

Newspakistan.tv

Sana Mehmood

Sana Mahmood studied Business and Finance from Karachi and writes on a number of subjects particularly activities in Bourse etc.