Pakistan’s foreign exchange reserves increase to $15.518 billion

Pakistan’s foreign exchange reserves increase to $15.518 billion

KARACHI: The liquid foreign exchange reserves of Pakistan have increased by $428 million to $15.518 billion by week ended November 01, 2019, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves were at $15.089 billion by week ended October 25, 2019.

The reserves held by SBP increased by $443 million to $8.357 billion by week ended November 01, 2019 as compared with $7.914 billion in the preceding week.

The reserves held by commercial banks decreased by $15 million to $7.16 billion by week ended November 01, 2019 as compared with $7.715 billion a week ago.