SBP foreign reserves rise $38mn to $13.16bn
- By Web Desk -
- Mar 12, 2021
KARACHI: The foreign exchange reserves in the country have witnessed an increase of US$25 million in the week ending on March 5, ARY News reported quoting the State Bank of Pakistan (SBP).
According to the data released by the central bank, net reserves held by the SBP stood at $13.16 billion.
Total liquid foreign #reserves held by the country stood at US$ 20.16 billion as of March 05, 2021. For details: https://t.co/WpSgomnd3v pic.twitter.com/FWYAIiXPg6
— SBP (@StateBank_Pak) March 11, 2021
Overall liquid foreign reserves held by the country stood at US$ 20.15 billion as of March 5, 2021. Net reserves held by the commercial banks reduced by $14 million to $7.14 billion.
Read More: SBP foreign reserves rise $70mn to $12.98bn
Earlier on March 5, the foreign exchange reserves in the country had witnessed an increase of $70 million in the week ending on February 26.