Country’s foreign exchange reserves inch up

Country’s foreign exchange reserves inch up

KARACHI: The liquid foreign exchange reserves of the country slightly increased by $7 million to $20.519 billion by the week ended January 08, 2021, the State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $20.512 billion by the week ended December 31, 2020.

The official reserves of the SBP slipped by $12 million to $13.4 billion by the week ended January 08, 2021, as compared with $13.412 billion a week ago.

The foreign exchange reserves maintained by the commercial banks increased by $19 million to $7.119 billion by the week ended January 08, 2021, as compared with $7.1 billion a week ago.