Pakistani central bank's forex reserves rise $66 mn

Total liquid foreign reserves held by the South Asian country stood at about $8.73 billion, according to the central bank.

IANS

Updated:24th Feb, 2023 at 9:33 AM

ISLAMABAD: The State Bank of Pakistan (SBP) has said that its foreign exchange reserves have increased by $66 million.

During the week ending on February 17, the total foreign exchange reserves of the SBP rose to around $3.26 billion, the SBP added on Thursday in a statement.

Net foreign reserves held by commercial banks came at $5.47 billion, it said.

Total liquid foreign reserves held by the South Asian country stood at about $8.73 billion, according to the central bank.

This is the second consecutive week the central bank has witnessed a slight increase in its foreign exchange reserves, a positive sign for Pakistan as its reserves went down to $2.91 billion a couple of weeks ago, Xinhua news agency reported.

Pakistani central bank's forex reserves rise $66 mn

Total liquid foreign reserves held by the South Asian country stood at about $8.73 billion, according to the central bank.

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