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The Express Tribune·3 min read·medium

SBP's forex reserves rise $43m to $17.19b

SBP's forex reserves rise $43m to $17.19b
AI Summary

The State Bank of Pakistan reported a $43 million increase in liquid foreign exchange reserves to $17.19 billion, while the Pakistani rupee saw a slight appreciation. Meanwhile, gold prices in Pakistan rose in tandem with international markets as geopolitical tensions eased.

Why it matters

Economic indicators like forex reserves and gold prices are vital for assessing Pakistan's financial stability and its reaction to global market shifts.

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--> Home Business SBP s forex reserves rise $43m to $17.19b Gold climbs Rs1,523/tola; international bullion ticks above $4,476

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