Page content
SBP reserves rise $19m to $16.4b
Pakistan's foreign exchange reserves held by the State Bank of Pakistan (SBP) recorded a modest increase of $19 million on a weekly basis to reach $16.4 billion, according to the latest data released by the SBP. The country's total liquid foreign reserves stood at $21.89 billion, indicating a steady buffer against external payment pressure. Of this, $16.4 billion was held by the SBP, while net reserves with commercial banks amounted to $5.5 billion. [...]