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SBP-held foreign exchange reserves increase $51mn, now stand at $9.15bn

August 9, 2024
in Business
SBP-held foreign exchange reserves increase $51mn, now stand at $9.15bn

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $51 million on a weekly basis, clocking in at $9.15 billion as of August 2, data released on Thursday showed.

Total liquid foreign reserves held by the country stood at $14.47 billion. Net foreign reserves held by commercial banks stood at $5.32 billion.

“During the week ended on 2-Aug-2024, SBP reserves increased by US$ 51 million to US$ 9.15 billion,” the central bank said.

Last week, SBP foreign exchange reserves increased by $75 million.

Tags: central bank reservesexchange reservesforeign currenciesforeign exchange reservesForeign reservesforex reservesPakistan EconomyPakistan forex reservesSBPSBP Forex reservesSBP PakistanState Bank of Pakistan (SBP)
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