SBP-Held Foreign Exchange Reserves Surge $3m to $7."> SBP-Held Foreign Exchange Reserves Surge $3m to $7." /> SBP-Held Foreign Exchange Reserves Surge $3m to $7.">
Friday November 18, 2022

SBP-Held Foreign Exchange Reserves Surge $3m to $7.96bn

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) surged by $3 million to $7.96 billion as of November 11, according to the data released by the central bank on Thursday.

Pakistan’s total liquid foreign reserves stand at $13.8 billion, while net foreign reserves with commercial banks clocked in at $5.84 billion.

“During the week ended on November 11, SBP’s reserves increased by $3 million to $7,959.5 million,” said SBP in a statement without giving any details about the source of this inflow.

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