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SBP’s reserves jump $443m to $8.35b

SBP’s reserves jump $443m to $8.35b

KARACHI: The State Bank of Pakistan’s (SBP) reserves increased by $443 million to $8.35 billion during the week ending November 1.

According to the central bank, the total liquid foreign reserves held by the country stood at $15.51 billion. The break-up of the foreign reserves position is as under:

Foreign reserves held by the State Bank of Pakistan:  $8.35 billion

Net foreign reserves held by commercial banks : $7.16 billion

Total liquid foreign reserves​​​ : $15.51 billion