The State Bank of Pakistan (SBP) reported a $13 million increase in its foreign exchange reserves on a weekly basis, reaching $8.05 billion as of February 9, according to data released on Thursday.
The country’s total liquid foreign reserves, including reserves held by commercial banks, amounted to $13.15 billion, with commercial banks holding $5.1 billion in net foreign reserves.
- Advertisement -
While the central bank did not specify the reason for the increase in reserves, it noted that during the week ending February 9, 2024, SBP’s reserves rose to $8,056.5 million.
This follows a decrease of $173 million in Pakistan’s central bank reserves reported in the previous week.
