Karachi: Pakistan\u2019s foreign exchange reserves have climbed to their highest level in four years, reflecting improved economic management and reforms introduced under the Special Investment Facilitation Council. According to Adviser to the Finance Minister Khurram Shehzad, the country\u2019s total foreign exchange reserves have risen to $21.6 billion. Out of this amount, $16.3 billion is held by the State Bank of Pakistan, while $5.3 billion is maintained by commercial banks. Shehzad noted that the central bank now accounts for 76 percent of the country\u2019s total reserves, a development that signals stronger monetary oversight and greater financial independence for Pakistan. He further explained that the increase in reserves strengthens the country\u2019s capacity to handle potential economic shocks and provides a more stable financial foundation. Monitoring Desk<\/p>\n","protected":false},"excerpt":{"rendered":"
Karachi: Pakistan\u2019s foreign exchange reserves have climbed to their highest level in four years, reflecting improved economic management and reforms introduced under the Special Investment Facilitation Council. According to Adviser to the Finance Minister Khurram Shehzad, the country\u2019s total foreign exchange reserves have risen to $21.6 billion. Out of this amount, $16.3 billion is held […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-536703","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"\n