SBP Reserves Rise $13m, Gold Surges Rs11,300 Per Tola

The State Bank of Pakistan reported a modest $13 million increase in its foreign exchange reserves, pushing total foreign currency deposits to $22.5 billion. Simultaneously, the domestic gold market experienced a significant upward movement, with prices surging by Rs11,300 per tola. This slight reserve improvement, coupled with a sharp gold rally, could reflect evolving economic sentiment or investor hedging, potentially impacting USD/PKR stability and future gold trends.

بحوالہ / Source: tribune.com.pk