Country witnessing economic stability due to continuous improvement in Forex reserves

ISLAMABAD: The nation is experiencing economic stability, driven by a consistent rise in foreign exchange reserves with the assistance of the SIFC.

The State Bank’s foreign exchange reserves have surpassed 12 billion dollars for the first time in two years and five months, showing a weekly increase of 620 million dollars.

Remittances surge by 24% due to SIFC’s efforts

Currently, Pakistan’s total foreign exchange reserves stand at 16.62 billion dollars, with commercial banks holding 4.58 billion dollars in reserves.

The SIFC is playing a pivotal role in revitalizing the policy-making environment and restoring the confidence of the business community.