Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $84 million on a weekly basis, clocking in at $11.26 billion as of November 8, data released on Thursday showed.
Total liquid foreign reserves held by the country stood at $15.97 billion. Net foreign reserves held by commercial banks stood at $4.71 billion.
The central bank did not specify a reason for the increase in reserves.
“During the week ended on 08-Nov-2024, SBP reserves increased by US$ 84 million to US$ 11,258.6 million,” it said.
Last week, SBP foreign exchange reserves increased by $18 million.
Read the full story at the Business Recorder - Latest News website.
