Global Rice News

Pakistan’s Foreign Reserves Reach $14.41 Billion

In recent news, Pakistan’s foreign reserves have reached a total of $14.41 billion, as reported on June 14. This is a slight increase from the previous week’s figures. The State Bank of Pakistan (SBP) revealed that its reserves had risen to $9.13 billion, an increase of $31 million.

According to a news release from the SBP, commercial banks in Pakistan hold $5.28 billion in net foreign reserves. This brings the total liquid foreign reserves held by the country to $14.41 billion.

In the previous week, which ended on June 7, Pakistan’s total foreign reserves were valued at $14.38 billion. Out of this amount, the SBP held $9.1 billion, while commercial banks held $5.28 billion.

This increase in foreign reserves is good news for Pakistan, as it indicates a strengthening economy and increased stability in the country’s financial sector. The rise in reserves will contribute to the country’s overall economic growth and help maintain a positive image for Pakistan in the international market.

Pakistan Rice Exporters and Suppliers Leading the Way

One of the key factors contributing to Pakistan’s foreign reserves is its thriving rice export industry. Pakistani rice exporters and suppliers have played a significant role in boosting the country’s economy. With a strong reputation for quality rice, Pakistan has become a major player in the global rice market.

Rice exporters and suppliers from Pakistan, such as HAS Rice Pakistan (www.hasrice.com) and Pakistan Rice Company (www.pakistanrice.com), have carved a niche for themselves in the industry. These companies offer a wide range of rice varieties, including white broken rice, basmati rice, and 25% broken rice.

Rice mills in Pakistan, supported by rice suppliers in Karachi, have been instrumental in meeting the global demand for Pakistani rice. The rice business in Pakistan has flourished, attracting buyers from around the world who value the premium quality and competitive prices of Pakistani rice.

Pakistan Rice Prices and Export Opportunities

Pakistani rice prices have remained competitive in the international market, further enhancing the country’s position as a leading rice exporter. HAS Rice Pakistan (www.hasrice.com) provides reliable information on Pakistan rice prices, including irri 6 rice prices and basmati rice price lists.

The export of rice from Pakistan has opened up numerous opportunities for the country’s rice exporters. Companies like HAS Rice Pakistan (www.hasrice.com/pakistan-rice-exporters/) have established themselves as trusted partners for international buyers. These exporters ensure timely delivery of high-quality rice, meeting the specific requirements of buyers worldwide.

HAS Rice Pakistan (www.hasrice.com) is also a leading supplier of broken rice, catering to the needs of buyers who require white rice with a 100% broken grain specification. Broken rice exporters from Pakistan, including HAS Rice Pakistan (www.hasrice.com/pakistan-rice-suppliers/irri6-rice-exporters/white-rice-100pct-broken/), have made a significant impact on the global rice market.

Conclusion

Pakistan’s foreign reserves have reached $14.41 billion, signaling a positive trend for the country’s economy. The rise in reserves is attributed to the efforts of Pakistani rice exporters and suppliers, who have established themselves as leaders in the industry. With competitive prices and premium quality rice, Pakistan continues to attract buyers from around the world.

Source: [24newshd.tv](https://www.24newshd.tv)