Pakistan’s Foreign Reserves Surge to $12.066 Billion

[Baby Leone]

total reserves in Pakistan are 20 billion USD, why headlines only showing SBP reserves?

 

[maithil]

The foreign exchange reserves held by the central bank fell by over $1 billion dollar during last month before partially recovering last week. The central bank has built about $12 billion reserves by taking $5.8 billion short-term banking loans and $4 billion from Saudi Arabia and the United Arab Emirates. After excluding these obligations, the central banks reserve fall to just $2 billion and future prospects of enhancing reserves through non-debt creating inflows also remain bleak, said the sources.

.
.

Read more at : https://tribune.com.pk/story/226978...mnesty-scheme?amp=1&__twitter_impression=true

 

[cricketrulez]

Maybe Khurram was on to something in 2020