During the week ending August 28th, the State Bank of Pakistan (SBP) net reserves increased by $71.9 million to $12.7 billion.
Detailing the reserves’ status, the SBP said in a statement that the country’s total foreign reserves stood at $19.84 billion.
Giving up its split, it said the SBP currently holds up to $12.7 billion in international reserves and more than $7.13 billion in commercial bank reserves.
Earlier on August 6, the State Bank of Pakistan (SBP) announced a rise of US Dollar ( USD) 567 million in the country’s liquid foreign reserves following a fall in the country’s foreign reserves last week.
Detailing the reserves’ status on 30 July at the end of the week, the SBP had said the country’s total foreign reserves stood at US$ 19,562.9 million.
Extracted from City42 News
