Thursday, 29 August 2013
Foreign exchange reserves stand at $10.405 billion
ISLAMABAD: Federal Minister for Finance, Ishaq Dar on Thursday informed the Upper House of the parliament that the total foreign exchange reserves of the country at present stands at $10.405 billion. Responding to a question during the question hour, Finance Minister said that in line with the Investment Policy approved by the Central Board of State Bank of Pakistan, foreign exchange reserves are invested with highly rated sovereign and financial institutions, with average credit quality of
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