Pakistan’s Total Liquid Foreign Exchange Reserves Increase by $110 Million Over the Week; Overall Reserves Reach $26.86 Billion as State Bank Holdings Expand
ISLAMABAD : The foreign exchange reserves saw a positive upward movement with an overall increase of $110 million in the previous week, ending with a foreign exchange reserves balance of $26.86 billion.
The State Bank of Pakistan (SBP) has added to its foreign exchange reserves by $39 million, bringing their holdings to $21.56 billion, official data reveals.
The State Bank’s Foreign exchange Reserves have seen regular gains with the latest weekly inflows bringing the SBP’s reserves to $21.56 billion. Commercial Bank Deposits: At the same time, the net foreign currency reserves of the commercial banks stood at $71 million, or in the reporting brackets of $5.30–$5.39 billion.Total Liquid Reserves: The pooled liquid foreign exchange reserves of the country’s banking system reached $26.864 billion, indicating external stability and regular inflows.