In yet another positive development, Pakistan foreign exchange reserves register increase: SBP Report

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In yet another positive development, Pakistan foreign exchange reserves register increase: SBP Report

*KARACHI: **In yet another positive development, Pakistan foreign exchange reserves register increase, SBP Report has revealed. *

*The State Bank of Pakistan’s (SBP) reserves rose by $22 million to $7.91 during the week ending Oct 25. *

According to the central bank, the total liquid foreign reserves held by the country stood at $15.8 billion.

A breakup of the foreign reserves position is as follows:

Foreign reserves held by the State Bank of Pakistan — $7.91bn

Net foreign reserves held by commercial banks — $7.17bn

Total liquid foreign reserves — $15.08bn