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KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) increased by $ 61 million to $ 4.524 billion during the week ended on July 07, 2023.
Subsequently, during the current week, the SBP received inflow of $ 2.0 billion from the Kingdom of Saudi Arabia; $ 1.0 billion from United Arab Emirates; and around $ 1.2 billion from the IMF. These inflows will be reflected in the SBP’s FX reserves for the week ending on July 14, 2023.
According to the SBP data released on Thursday, the total liquid foreign reserves held by the country stood at $ 9.838 billion as of July 07, 2023.
Net foreign reserves held by commercial banks stood at $ 5.314 billion during the week ended on July 07, 2023.
Copyright Business Recorder, 2023
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