Pakistan’s foreign exchange reserves hit four-year high

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KARACHI: Pakistan’s foreign exchange reserves on Thursday hit a four-year high of 18.20 billion dollars after the State Bank of Pakistan received 706 million from the World Bank.

SBP spokesperson said that the country’s forex reserves had hit an all-time high of 18.24 billion dollars in 2010-11 which fell to 11 billion dollars in 2012-13 but now it increased to 12.5 billion dollars.