KARACHI: The foreign exchange reserves held by the State Bank of Pakistan increased 0.74pc on a weekly basis, according to data released by the central bank on Thursday.
On Sept 4, foreign currency reserves held by the SBP were recorded at $12,807.8 million, up $95 million compared with $12,712.7 million in the previous week.
The central bank attributed the increase to proceeds worth $121 million received from the Asian Development Bank (ADB).
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The overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $19,961.3 million. Net reserves held by banks amounted to $7,153.5 million.
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