SBP-held foreign exchange reserves increase $15mn, now stand at $9.13bn - Markets
- Total liquid foreign reserves held by the country stand at $14.62 billion
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- Total liquid foreign reserves held by the country stand at $14.62 billion
- IMF inflow of $1.1 billion will reflect in dollar stockpile for week ending on May 3, according to central bank
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $19 million on a weekly basis,...
The Reserve Bank of India's absorption of dollar inflows will indirectly prevent a sharp appreciation of the rupee despite high growth in the economy and a positive balance of payments, analysts said.
Despite the forex reserves being at their lowest in two months, they remain not too far from their all-time high of $642.45 billion, which was hit in September 2021.