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$14bn

Pakistan forex reserves crosses $ 14bn

KARACHI: The foreign exchange reserves of Pakistan have crossed $ 14 billion in the week ending June 20,  ARY News reported Saturday. According to State Bank of Pakistan, the increase of $690.23 million was recorded in the foreign exchange reserves. The recent increase has crossed the forex amount over $14 billion due to loans obtained through World Bank and privatization. State Bank reserves are currently pitched at $ 9.19 billion while banks have the amount of $ 5.74 billion. During the consideration period, government…