Updated on
Summary Pakistans foreign exchange reached to a record high with an increase of 1.37 percent.
According to the data issued by the State Bank of Pakistan (SBP), country’s foreign reserves increased to $17.61 billion with an increase of $23.80 crore on March 12.Reserves held by the SPB reached $ 14.86 billion with $ 22.21 crore, and those held by commercial banks also increased to $ 3.42 billion with an increase of $ 1.59 crore.Foreign exchange reserves touched a record high because of rise in remittances by 20 percent.
