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ISLAMABAD: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $215 million on a weekly basis, according to data released by the central bank on Thursday.
According to the latest data released by the State Bank, foreign currency reserves with the State Bank on October 11 were recorded at $11.023 billion, which was $215 million higher than $10.808 billion on October 4.
The country’s total liquid foreign currency reserves, including net reserves with banks other than SBP, stood at $16.111 billion, up by 64 million from the previous week.
Net deposits held by banks were recorded at $5.089 billion, a decrease of $150 million over the week.
Current reserves are the highest since April 1, 2022, when they stood at $11.319 billion.
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