SBP Reserves Post Marginal Increase to Stay Above $7.5 Billion. |
The central bank's foreign exchange reserves, as reported by the State Bank of Pakistan on Friday, saw a slight weekly increase
On November 3, SBP's foreign currency reserves reached $7.511 billion, rising by $3.7 million from $7.508 billion on October 27.
The country's overall liquid foreign currency reserves, inclusive of non-SBP banks, reached $12.614 billion, marking a $37.6 million increase from the previous week. Bank-held net reserves amounted to $5.101 billion, showing a $34 million rise.
Despite slipping below $7.5 billion on October 20, consecutive minor increases have restored the central bank's reserves above this threshold.