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Home Pakistan

SBP foreign exchange reserves increase $13mn, now stand at $8.05bn

Total liquid foreign reserves held by the country stand at $13.15 billion

WNAM: by WNAM:
February 15, 2024
in Pakistan
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SBP foreign exchange reserves increase $13mn, now stand at $8.05bn
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(WNAM Monitoring): Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $13 million on a weekly basis, clocking in at $8.05 billion as of February 9, data released on Thursday showed.

Total liquid foreign reserves held by the country stood at $13.15 billion. Net foreign reserves held by commercial banks stood at $5.1 billion.

The central bank did not specify a reason for the increase in the reserves.

“During the week ended on 9-Feb-2024, SBP’s reserves increased by US$ 13 million to US$ 8,056.5 million,” it said.

Last week, Pakistan’s central bank reserves had decreased by $173 million.

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