In a positive development, Pakistan Foriegn Exchange Reserves registers yet another increase: Report

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In a positive development, Pakistan Foriegn Exchange Reserves registers yet another increase: Report

ISLAMABAD – In a positive development, Pakistan Foriegn Exchange Reserves registers yet another increase, State Bank of Pakistan has claimed.

The total liquid foreign reserves held by Pakistan stood at US$15,502.4 million on 08-November-2019.The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan : US$ 8,397.3 million ii) Net foreign reserves held by commercial banks : US$ 7,105.1 million iii) Total liquid foreign reserves : US$ 15,502.4 million

During the week ending 08-November-2019, SBP’s reserves increased by US$40 million to US$8,397.3 million.

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