Pakistan is in the news these days due to war-like conditions with India. Over the last few months, the country has seen an improvement in its economic conditions. However, the ongoing tensions have again disrupted its growth. As a result, the country’s concern for the Pakistan Forex Reserves is increasing. In this blog, we will explore the current status of the Forex Reserve of Pakistan and how it impacts the trader. What is a Forex Reserve? A forex reserve can be defined as assets that a country holds to maintain the value of its currency. It generally includes other currencies, deposits, banknotes, treasury bills, and securities. The main aim behind forex reserves is to back the currency, so in case its currency value falls rapidly, the central bank can maintain its value. The US Dollar, being the strongest currency, holds a significant place in the forex reserve of almost every country. Pakistani Forex Reserve Current Status The central ba...