The State Bank of Pakistan (SBP) reported a modest rise in foreign exchange reserves, now totaling $21.89 billion, with $16.4 billion held by the SBP and $5.5 billion in commercial banks. The Pakistani rupee gained a marginal 0.01% against the US dollar, reflecting a stable exchange rate amid global currency fluctuations. However, gold prices in Pakistan have sharply declined, with a significant drop of Rs9,500 per tola, indicating market volatility despite international gains in gold prices.
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Pakistan's Foreign Exchange Reserves Rise Amid Currency Stability
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As of April 9, 2026, Pakistan's foreign exchange reserves have increased by $19 million to reach $16.4 billion, providing a steady buffer against external payment pressures. The Pakistani rupee has shown slight stability against the US dollar, closing at 279.02 PKR. This situation highlights the ongoing economic challenges faced by Pakistan amid fluctuating currency rates.
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TLtribune.com.pk
PRpropakistani.pk
PPprofit.pakistantoday.com.pk
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