Pakistan’s foreign exchange reserves increase by $11m: SBP
Pakistan’s State Bank reported an $11 million surge in its weekly reserves report released Thursday.
The SBP said its reserves rose to $10.107.1 million over the week ending June 12, recording an increase of $11 million.
Currently, commercial banks hold net foreign reserves at $6,668.2 million.
The country has total liquid foreign reserves of $16,775.3 million, it added.
The previous week’s results, ending June 5, reported a $266.3 million decrease in the SBP ‘s reserves to $10.095.8 million.