Times of Islamabad

Another sign of recovery for ailing Pakistani economy

Another sign of recovery for ailing Pakistani economy

KARACHI – The total liquid foreign reserves held by the country stood atUS$15,517.9 million on November 01, 2019, says a weekly report issued bythe State bank of Pakistan (SBP) here on Thursday.

The break-up of the foreign reserves position is as under:i) Foreign reserves held by the SBP : US$ 8,357.6 million ii) Net foreignreserves held by commercial banks: US$ 7,160.3 million iii) Total liquidforeign reserves: US$ 15,517.9 million.

During the week ending November 1, SBP’s reserves increased by US$443million to US$8,357.6 million.