KARACHI: The country’s total liquid foreign exchange reserves rose by $92 million during last week.
According to the State Bank of Pakistan (SBP) weekly report issued on Thursday, Pakistan’s total liquid foreign exchange reserves stood at $20.134 billion as on February 26, 2021 compared to $20.042 billion February 19, 2021.
During the week under review, SBP reserves surged by $70 million to $ 12.978 billion up from $12.908 billion. The SBP’s reserves were increased due to arrival of government of Pakistan official inflows. In addition, net foreign exchange reserves held by commercial banks stood at $ 7.155 billion, up by $22 million during the last week.
Copyright Business Recorder, 2021
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