Times of Islamabad

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.