Times of Islamabad

Pakistan foreign exchange reserves witness rare surge

Pakistan foreign exchange reserves witness rare surge

ISLAMABAD: The total liquid foreign reserves held by the country stood atUS$14,885.1 million on February 1st, 2019, State Bank of Pakistan (SBP)reported Thursday.

According to break up figures, the foreign reserves held by the State Bankof Pakistan stood at US$8,192.5 million whereas the net foreign reservesheld by commercial banks stood at US$6,692.6million.

During the week ending February 1st, 2019, SBP reserves increased by US$38million to US$8,192.5 million, said SBP statement.