us dollar reserve increament in pakistan

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Data released by the central bank on Thursday indicates that the State Bank of Pakistan’s (SBP) foreign exchange reserves increased slightly on a weekly basis.

The SBP’s foreign exchange reserves were reported as $8.057 billion on February 9, an increase of $12 million from $8.045 billion on February 2.

Read More: Pakistan’s Dollar Bonds Crash Following Election Results

With net reserves held by banks other than the SBP included, the nation’s total liquid foreign currency reserves were $13.149 billion, an increase of $51 million from the previous week.

At the end of the week, the net reserves held by banks had increased by $39 million to $5.093 billion.

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Syed Sadat Hussain Shah

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