SBP Foreign Exchange Reserves Increase by $27 Million in a Week

SBP Foreign Exchange Reserves Increase by $27 Million in a Week

 

The State Bank of Pakistan (SBP) has reported a weekly increase of $27 million in its foreign exchange reserves, as per the latest data released by the central bank on Thursday.

On February 28, the SBP's foreign currency reserves were recorded at $11.250 billion, up from $11.222 billion on February 21.

The country's total liquid foreign exchange reserves, including net reserves held by banks other than the SBP, amounted to $15.874 billion, reflecting a decrease of $52 million over the previous week.

Net reserves held by banks stood at $4.624 billion, marking a decrease of $79 million during the same period.

 

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