SBP reserves rise $16m to $17.84bn

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $16 million on a weekly basis, data released by the central bank on Thursday showed.

On July 30, the foreign reserves held by the State Bank of Pakistan (SBP) were recorded at $17,846 million, showing an increase of $16 million when compared with $17,829.8 million recorded on July 23.

Overall liquid foreign currency reserves held by the country, including net reserves held by commercial banks, stood at $24,853.2 million.

Net reserves held by banks were recorded at $7,007.2 million.

Total liquid foreign #reserves held by the country stood at US$ 24.85 billion as of July 30, 2021. For details: https://t.co/WpSgomENV3 pic.twitter.com/b9itk7ClwM

— SBP (@StateBank_Pak) August 5, 2021