Pakistan's Total Reserves Rise to $26.8B, SBP Holdings Up $15M

Pakistan's total foreign exchange reserves have edged up to $26.8 billion, reflecting a slight improvement in the nation's external financial position. The State Bank of Pakistan's (SBP) holdings specifically saw a modest increase of $15 million, reaching $21.5 billion. This marginal rise in SBP reserves, while small, contributes to overall economic stability. A stable or improving reserve position can support the Pakistani Rupee, potentially influencing local gold prices.

بحوالہ / Source: tribune.com.pk