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SBP’s reserves rise $79 million to $7.89 billion

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Web Desk
Web Desk
News Stories Posted by ARY News Digital Team

KARACHI: The State Bank of Pakistan’s (SBP) net reserves increased by $79 million to $7.89 billion during the week ending Oct 18, ARY News reported.

According to the central bank’s data, the country’s total foreign reserves stood at $15.18 billion.

A breakup of the foreign reserves position is as follows:

Foreign reserves held by the State Bank of Pakistan — $7.89bn

Net foreign reserves held by commercial banks — $7.29bn

Total liquid foreign reserves — $15.18bn

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