SBP-held foreign exchange reserves rise to $16.056 billion

The State Bank of Pakistan (SBP) reported on Thursday that its foreign exchange reserves increased by $141 million during the week ending January 2, reaching $16.056 billion.

Net reserves held by commercial banks stood at $5.137 billion, taking the country’s total liquid foreign reserves to $21.192 billion.

READ MORE: SBP-held foreign exchange reserves reports marginal increase

During the week ending January 2, SBP’s foreign exchange reserves increased by $141 million, mainly due to routine inflows and repayments, the bank said.

This marks a modest rise in the country’s reserves, reflecting stability in foreign currency holdings as Pakistan continues to manage its external accounts.