Pakistan foreign reserves increased by over $540mn

Karachi: Pakistan's foreign exchange reserves have seen an increase.

According to a statement issued by the State Bank of Pakistan (SBP), foreign exchange reserves increased by $544.0 million to $16.6 billion as of November 29.

According to the statement, the State Bank's reserves increased by $620 million to $12 billion, while the reserves of commercial banks decreased by $77 million to $4.6 billion.