LAHORE MIRROR — Foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $56 million on a weekly basis, clocking in at $7.7 billion as of September 15, data released on Thursday showed.
Total liquid foreign reserves held by the country stood at $13.19 billion. Net foreign reserves held by commercial banks stood at $5.49 billion.
The central bank did not specify reason for the increase in the reserves. “During the week ended on 15-Sep-2023, SBP’s reserves increased by US$ 56 million to US$ 7,695.3 million,” it said.
Last week, SBP’s forex reserves had declined by $140 million.
