Pakistan's Forex reserves jump to $23.22bn

[Imran Khan]

Pakistan's Forex reserves jump to $23.22bn

• The Central Bank's foreign exchange reserves, that closed above US$16 billion are now on the highest level since July 2017.

APP 15 Apr 2021




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ISLAMABAD: The foreign exchange reserves held by the country jumped by $2.54 billion to $23.22 billion as compared to $20.68 billion on weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.
On April 09, the foreign currency reserves held by the SBP were recorded at $16.106 billion compared with $13.527 billion in the previous week.
According to the central bank, the increase came on the back of official inflows and the proceeds of government's $2.5 billion Euro Bond issuance.
The Central Bank's foreign exchange reserves, that closed above US$16 billion are now on the highest level since July 2017.
Overall, liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $23.22 billion. Net reserves held by banks amounted to $7.114 billion.
Pakistan's Forex reserves jump to $23.22bn

 

[Baby Leone]

See I was right it should be above 23

 

[Imran Khan]

See I was right it should be above 23

it should be above 40 for god sake we are too low

 

[RealNapster]

it should be above 40 for god sake we are too low

Maybe 2024.. .. If current trends continues as well as current party in govt

 

[AZADPAKISTAN2009]

Pakistan should target 150 Billion Dollars no point talking about amount if less then 100 billion

 

[RealNapster]

Pakistan should target 150 Billion Dollars no point talking about amount if less then 100 billion

Those who can't move first need to learn how to crawl.
Those who know how to crawl should learn how to stand on their feet.
Those who know how to stand on their feet should take a step and start walking.
Those who can walk should aim to run.

Rome was not built in a day

 

[AZADPAKISTAN2009]

Now we Running Keep Running

 

[Mrc]

it should be 40 plus when PTI term ends or bye bye politics PTI

 

[RealNapster]

Now we Running Keep Running

You wish

 

[Invicta]

Those who can't move first need to learn how to crawl.
Those who know how to crawl should learn how to stand on their feet.
Those who know how to stand on their feet should take a step and start walking.
Those who can walk should aim to run.

Rome was not built in a day

If Pakistan was like Rome Sharif and Zardari along with families would have been murdered by the Senate.
On a serious note commendable achievement by Khan and Co against the odds.

 

[hussain0216]

it should be 40 plus when PTI term ends or bye bye politics PTI

So either PTI gets us to 40 billion or you guys go back to Nawaz and Bhutto's who took us to 8 billion?????

 

[RealNapster]

it should be 40 plus when PTI term ends or bye bye politics PTI

What if it crosses $30-32 billion ? Still bye bye PTI ?

If yes, then bring whom ? Those whose only accomplishment was to reduce our exports from 24 billion to 10 billion ? Good luck with that.

We don't need a quick rise to 35-40 billion and than continuous reduction for next 5 years. Instead we need a gradual increase of atleast $ 2 billion per annum but with consistency.

 

[AZADPAKISTAN2009]

Inshallah we will be at 40 Billion Mark before next election term and Rupee value at 75 Rupee for 1 Dollar (In Next 3 years)


Fully attainable Goal, people are working hard and also the Economic Zones construction will be completing


Inshallah in Next term of PTI / Imran Khan's Government it will be close to 75-80 Billion (Over 5 Year)

 

[Imran Khan]

tight grip on import

 

[RealNapster]

Inshallah we will be at 40 Billion Mark before next election term and Rupee value at 75 Rupee for 1 Dollar (In Next 3 years

We should prevent rupee value appreciation to a level where 1 $ is 75 Rupees. Not good for export, and is certainly not good for economy because this much fluctuation 150-75 is not something to appreciate when you are talking about economy of a country in the long run.