Islamabad, Aug 29: Data released by the central bank on Thursday showed that the State Bank of Pakistan’s (SBP) foreign exchange reserves showed a weekly gain of $112 million.
The SBP reported that as of August 23, its foreign currency reserves stood at $9.403 billion, up $112 million from $9.292 billion on August 16. This information is based on the most recent statistics that the SBP has made available.
With net reserves held by institutions other than the SBP included, the nation’s total liquid foreign currency reserves were $14.776 billion, an increase of $109 million from the previous week.
Bank net reserves were $5.373 billion at the end of the week, down $3 million from the previous week.
