Pakistan’s foreign exchange reserves saw a modest increase of $47 million this week, pushing the total to $19.61 billion, according to data released by the State Bank of Pakistan (SBP).
State Bank Reserves Surpass $14.27 Billion
The central bank confirmed that its foreign currency holdings increased by $18 million in one week, bringing the SBP’s total reserves to $14.27 billion. Officials stated that this rise reflects steady inflows and a slight improvement in the country’s external position.
Commercial Banks Add $29 Million
Reserves held by commercial banks also experienced an uptick, climbing by $29 million to reach $5.34 billion. This combined growth has pushed the nation’s total foreign exchange reserves above the $19.6 billion mark.
