Pakistan foreign exchange reserves to cross $14 billion by June 30: Dar

BusinessPakistan foreign exchange reserves to cross $14 billion by June 30: Dar

ishaq-dar

ISLAMABAD: Pakistan’s foreign exchange reserves stand at $13.52 billion while it is hoped that these will cross $14 billion by June 30, the federal minister for finance Ishaq Dar told the National Assembly on Thursday.

The finance minister said that out of the country’s foreign exchange reserves, $8.60 billion are with the State Bank of Pakistan.

Ishaq Dar further said that $310 million will be received next week as a result of transaction of 19.8 per cent shares of the United Bank Limited (UBL).

Must read

Recent News

USD to PKR: USD Dollar Rate in Pakistan Today – 22 August 2024

0
The US Dollar (USD) was being bought and sold at Rs 279.6 and Rs 280.3 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 22 August 2024

0
On Thursday (August 22, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 261,450.000.It's important to note that gold...

Pakistan’s New Envoy to US stresses need for result-oriented diplomacy

0
The newly appointed Pakistani Ambassador to the United States Rizwan Saeed Sheikh has formally assumed his diplomatic responsibilities as Pakistan’s Ambassador to the United...

Pakistan urges int’l community to stand in solidarity with victims of state terrorism in...

0
ISLAMABAD, Pakistan: Pakistan has called upon the international community to stand in solidarity with victims of state terrorism in Indian Illegally Occupied Jammu and...

State Bank decides to change all currency notes from Rs 10 to Rs 5000

0
ISLAMABAD, Pakistan: The State Bank of Pakistan (SBP) has decided to change all the currency notes from Rs 10 to Rs 5,000 by the...
Advertisement