Overview
- State Bank of Pakistan reserves rose by $22 million to $16.376 billion for the week ended March 19, lifting total liquid reserves to $21.736 billion.
- In the latest Pakistan Investment Bonds sale, the government raised Rs466.2 billion, topping its Rs400 billion target as investors favored 15‑year notes.
- The rupee in inter‑bank trading inched up to 279.20 per dollar, marking a very small day‑to‑day gain.
- Local gold prices fell by Rs11,000 per tola to Rs468,262, the All‑Pakistan Sarafa Gems and Jewellers Association reported.
- India’s central bank reported an $11.41 billion weekly drop in reserves to $698.346 billion, mostly from a fall in the value of its gold, underscoring how asset price swings can move headline totals across the region.