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 at US$15,517.9 million on November 01, 2019, says a weekly report issued by the 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 foreign reserves held by commercial banks: US$ 7,160.3 million iii) Total liquid foreign reserves: US$ 15,517.9 million.

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