Reserves clock in at $10.81bn till October 4
Published a year ago on Oct 11th 2024, 1:24 am
By Web Desk
Karachi: The country's foreign exchange reserves swelled by $106 million on a weekly basis, clocking in at $10.81 billion as of October 4, data released on Thursday showed.
According to the State Bank of Pakistan (SBP), total liquid foreign reserves held by the country stood at $16.05 billion. Net foreign reserves held by commercial banks stood at $5.24 billion.
The central bank did not specify a reason for the increase in reserves.
“During the week ended on 04-Oct-2024, SBP reserves increased by US$ 106 million to US$ 10,808.0 million,” the central bank further said.
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