National foreign exchange reserves always include forex held with SBP and Commercial Banks. Federal Finance Minister Ishaq Dar
The Federal Minister of Finance Ishaq Dar said in his twitter account that “National foreign exchange reserves always include forex held with SBP and Commercial Banks. Recently I quoted the forex reserves figure based on this principle. Some vested elements who ruined this country’s economy in the past, gave it a deliberate twist and started a campaign as if Government was considering an access to foreign exchange held with Commercial Banks which indeed is the property of the citizens.
It is categorically denied and clarified that there is no such move under consideration of the Govt. Therefore said misconstrued, misinterpreted and molded, propaganda should be ignored. Pakistan is moving towards improvement in its forex reserves position in the near future, InnshaAllah!”
Editor: Raja Kamran