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Dollar will be cheaper, Pakistan's foreign exchange reserves rise by $ 1 billion 27 million in two months.
Dollar will be cheaper, Pakistan's foreign exchange reserves rise by $ 1 billion 27 million in two months. Islamabad Dollar will be cheaper, Pakistan's foreign exchange reserves rise by $ 1 billion 27 million Reached the dollar level. According to details, foreign exchange reserves recorded an increase of $ 1 billion 27 million in the first two months of this fiscal year, according to data released by the State Bank. Of which the central bank's reserves are $ 1.8 billion, up from $ 1.8 billion. Economic analysts say the exchange The reserves of the country are currently equal to two months of imports, while according to the standards of the global financial institutions, reserves of any country must be equal to imports of at least 3 months. On the other hand, reserves of commercial banks have risen by $ 9 million in two months to reach $ 7.29 billion. It should be noted that the increase in foreign exchange reserves was due to borrowings from the IMF and other fina