Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $13 million on a weekly basis, clocking in at $12.05 billion as of December 6, data released on Thursday showed.
Total liquid foreign reserves held by the country stood at $16.60 billion. Net foreign reserves held by commercial banks stood at $4.55 billion.
The central bank did not specify a reason for the increase in reserves.
“During the week ended on 06-Dec-2024, SBP reserves increased by US$ 13 million to US$ 12,050.8 million,” it said.
Last week, SBP foreign exchange reserves increased by $620 million, aided by an inflow of $500 million from the Asian Development Bank (ADB).
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