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Pakistan Foreign Exchange Reserves witness massive surge

Pakistan Foreign Exchange Reserves witness massive surge

LAHORE: According to a notice by the State Bank of Pakistan (SBP), thetotal liquid foreign reserves held by the country stood at $17,079.7million on 27 July 2018.

Foreign reserves held by the State Bank of Pakistan stood at $10,349.7million. Net foreign reserves held by commercial banks at $ 6,730.0million, and the total liquid foreign reserves at $ 17,079.7 million.

During the week ending 27 July 2018, SBP’s reserves increased by $1,339million to $10,350 million, due to official inflows.