Karachi: The total foreign exchange reserves crossed $16 billion at the end of last week. The State Bank released weekly foreign exchange statistics, according to which the State Bank’s reserves increased by $46 million during the week ending January 31, 2025, after which the total domestic foreign exchange reserves reached $16.44 billion.
According to the statistics, the State Bank has $11.41 billion, while commercial banks have $4.62 billion.