State bank’s forex reserves rise to $12.05 billion
KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves recorded a modest increase of $13 million during the week ending December 6, reaching $12.05 billion, according to data released on Thursday. The nation’s total liquid foreign reserves now stand at $16.60 billion, comprising $4.55 billion held by commercial banks.
SBP reserves reach highest level in over three years
The State Bank of Pakistan (SBP) reported an increase of $215 million in its foreign exchange reserves, bringing the total to $11.022 billion for the week ending October 11, the highest level since FY21. The central bank made the announcement on Thursday but did not specify the source of the
Pakistan’s foreign reserves surge by $494 million
The State Bank of Pakistan (SBP) has announced a considerable increase in liquid foreign reserves, which have reached $14,573 million as of June 28, 2024. Data released on Thursday reveals that the SBP’s reserves stood at $9,389.5 million, showing a significant rise of $494 million during the week ending June
