Minister for Industries Hammad Azhar says that the State Bank of Pakistan had for exchange reserves of 12 to 13 billion dollars. He stated that the reserves increased due to improvement in exports and remittances.

The State Bank of Pakistan has announced ‘Bank Holiday’, saying that employees of all banks/ DFIs / MFBs will attend the office as usual.

Prime Minister Imran Khan says the pace is accelerating: first $100 mn have come in 76 days & the next $100 mn came in only 28 days.

PM ays during current fiscal years so far, surplus is 1.6 billion dollar as opposed to deficit of 1.7 billion dollars in same  period last year.

The SBP has shared the local currency’ value against US dollar, saying that rupee is available at Rs 159. 28 in interbank trading.

SBP says the recent rise in Covid cases in Pakistan and many other countries presents considerable downside risks.

The State Bank of Pakistan says cumulative current account surplus has reached $1.2 billion since July, reversing the $1.4 billion deficit recorded in the same period last year,”.

Advisor to PM on Finance Abdul Hafeez Sheikh and State Bank of Pakistan Governor congratulated the ADB team and affirmed his appreciation of ADB’s support for Pakistan’s financial and economic development.

The US dollar has lost 20 more paisas just in one-day time, reflecting that Pakistan’s economy is improving by every passing day.