Pakistan foreign exchange reserves rise to $9.497 billion
KARACHI: Pakistan's foreign exchange reserves increased to $9.497 billion in the week ending October 25 as compared to $9.230 billion in the previous week, the State Bank of Pakistan said in a...
November 01, 2013
A breakup is given below:
| RESERVES ($bns) | Week ending Oct 25 | Previous Week | Change/pct |
| Held by SBP | 4.299 | 4.086 | 5.21 |
| Held by banks | 5.198 | 5.144 | 1.04 |
| Total | 9.497 | 9.230 | 2.89 |
It is pertinent to note that the boost comes from a rise in workers remittances which jumped by 9 percent to $3.9 billion, during the first thee months of FY14, from $3.6 billion in the same period last year.
