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