PSX Rallies Past 138,000 as Mutual Fund Inflows & Forex Reserves Spark Bullish Trend
The Pakistan Stock Exchange (PSX) continued its strong upward trend on Thursday, driven by a sharp rise in foreign exchange reserves and massive mutual fund investments. The KSE-100 Index surged by 2,285.53 points, closing at 138,665.49, marking a 1.68% gain compared to the
Pakistan’s Foreign Exchange Reserves Climb to $9.4 Billion
On September 5, 2024, the State Bank of Pakistan reported that its foreign exchange reserves totaled approximately $9.4 billion as of August 30. This marks an increase of $33 million from the previous week. The bank also noted that net foreign reserves held