Pakistan Foreign Exchange Reserves witness sudden increase

Pakistan Foreign Exchange Reserves witness sudden increase

ISLAMABAD - Pakistan's total liquid foreign reserves stood at $16,722.8 million as on 17 August 2018, State Bank of Pakistan has reported.

Foreign reserves held by the State Bank of Pakistan amounted to $10,234.8 million. Net foreign reserves held by commercial banks at $6,488.0 million and the total liquid foreign reserves held by the country stood at $ 16,722.8 million.

During the week ending 17 August 2018, SBP’s reserves increased by $82 million to $10,235 million, while the country’s forex reserves increased by $10 million.