Country’s weekly foreign exchange reserves increase by $467 million

KARACHI: The liquid foreign exchange reserves of the country have increased by $467 million to $20.552 billion by week ended November 20, 2020, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $20.085 billion by week ended November 13, 2020.

The official reserves of the SBP increased by $484 million to $13.415 billion by week ended November 20, 2020 as against $12.931 billion a week ago.

The SBP attributed the increase to official government inflows.

The reserves held by commercial banks eased by $17 million to $7.137 billion by week ended November 20, 2020 as against $7.154 billion a week ago.

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