Business & Finance
SBP-held foreign reserves rise $22mn to $16.38bn
- Total liquid foreign reserves stand at $21.736 billion
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Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $22 million to $16.376 billion during the week ended March 19, according to data released by the central bank on Thursday.
The SBP said the country’s total liquid foreign reserves stood at $21.736 billion as of March 19.
READ MORE: SBP-held foreign reserves rise $13mn to $16.35bn
A breakdown of the reserves showed that $16.376 billion were held by the SBP, while net foreign reserves held by commercial banks amounted to $5.360 billion.
“The SBP’s FX reserves increased by US$ 22 million to US$ 16,375.8 million,” the central bank said.
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