State Bank Reserves Strengthen Further, Up $100 Million in One Week

The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $106 million on a weekly basis according to data issued by the central bank on Thursday.

According to the latest data released by the SBP, on October 04, the foreign currency reserves held by the SBP were recorded at $10.808 billion, up $106 million compared to $10.702 billion on September 27.

Overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $16.047 billion, up 64 million over the previous week.