Foreign exchange reserves increase to $15.062 billion

KARACHI: The liquid foreign exchange reserves of the country have increased by $200 million to $15.062 billion by week ended July 26, 2019, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves were at $14.862 billion a week ago, the central bank said.

The official reserves of the central bank increased to $7.767 billion by week under review as compared with $7.612 billion a week ago.

The SBP said that during the week ending July 26, 2019 the official reserves increased by $155 million due to official government inflows.

The foreign exchange reserves maintained by commercial banks also grew by $45 million to $7.295 billion from preceding week’s level of $7.25 billion.

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