Foreign exchange reserves increases to $17.58 billion

Foreign exchange reserves increases to $17.58 billion

Pakistan's net foreign exchange reserves have increased to 17.58 billion US Dollar with the receipt of 2.2 billion dollars from the Chinese government.

In a tweet, spokesperson of Ministry of Finance Dr Khaqan Najeeb said implementation of a successful strategy had ensured the total forex reserves to rise to a comfortable level.

The spokesperson said the government's successful multi-pronged strategy has helped ensure stability in balance of payments and ensuring adequate forex financing.