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Forex Reserves Rise by $370mln

Karachi (October 19, 2017): The foreign exchange reserves of the country increased by $370 million to $14.158 billion by the week ended Oct 13 as compared to $13,788 million a week ago, the central bank said on Thursday.

During the week, The reserves held by commercial banks increased the level of $5.895 billion. Foreign reserves increased by $370 million to $14,158 million on account official inflows, central bank said.

Interior Ministry said that Pakistan won’t go to IMF as economy is stable and thriving in Pakistan.

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