Pakistan's foreign exchange reserves cross $15b mark

Of the reserves, $10 billion is in the State Bank of Pakistan, while the rest is in other commercial banks


Abdul Manan December 22, 2014

ISLAMABAD: Pakistan's foreign exchange reserves have increased to more than $15 billion, the PM Office stated on Monday.

Federal Finance Minister Ishaq Dar called on Prime Minister Nawaz Sharif and apprised him about the latest development.

According to details, out of $15 billion of the exchequer, $10 billion is in the State Bank of Pakistan, while the rest is in other commercial banks.

Dar gave a detailed briefing to the premier about the 15 billion dollar worth of foreign exchange reserves. The finance minister also informed the prime minster about the economical steps taken to achieve set targets.

COMMENTS (9)

Gul Zaman Ghorgasht | 9 years ago | Reply

This is what Nawaz and his cabal left. Did not take. Send to off shore accounts. These are scraps. Be happy. T

Khan | 9 years ago | Reply

please also mention the foreign loans..........if foreign loans are increasing along with reserve than please stop this false hope.

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