KARACHI: The total liquid foreign reserves of the country have increased to dollars 8.65406 billion with receipts from multilateral and bilateral sources, said State Bank of Pakistan. According to SBP's weekly statement here on Thursday, the foreign reserves held by State Bank on Feb 21, 2014 amounted dollars 3,870.8 million and the net foreign reserves held by banks figured dollars 4,783.8 million.
During the week ending Feb 21, SBP's liquid foreign exchange reserves increased by $ 674 million at $ 3,871 million compared to $ 3,197 million of the previous weekly balance. The increase in the Central Bank reserves is attributed to receipts from multilateral and bilateral sources.
During the week, the total official payments were of $ 172 million which include $ 149 million paid to International Monetary Fund (IMF) under SBA.
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