Pakistan’s foreign exchange reserves up by $12m
KARACHI (MNP) – During the week ended on August 11, the liquid foreign exchange reserves of Pakistan being maintained by the State Bank of Pakistan (SBP) surged by $12 million to $ 8.05 billion.
The increase is against the earlier trend of frequent declines since the first week of July.
The reserves held by Pakistan stood at $13.379 billion as of August 11 last.
The commercial banks are holding the net foreign exchange reserves which stood at $5.323 billion.
