Pakistan Foreign Exchange Reserves witness massive surge

Pakistan Foreign Exchange Reserves witness massive surge
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LAHORE: According to a notice by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at $17,079.7 million on 27 July 2018.

Foreign reserves held by the State Bank of Pakistan stood at $10,349.7 million. Net foreign reserves held by commercial banks at $ 6,730.0 million, and the total liquid foreign reserves at $ 17,079.7 million.

During the week ending 27 July 2018, SBP’s reserves increased by $1,339 million to $10,350 million, due to official inflows.

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