Foreign exchange reserves increase by $307 million to $23.52 billion

Foreign exchange reserves increase by $307 million to $23.52 billion

KARACHI: The foreign exchange reserves of the country increased by $307 million to $23.52 billion by week ended April 23, 2021, State Bank of Pakistan (SBP) said on Thursday.

The foreign exchange reserves of the country were at $23.213 billion by week ended April 16, 2021.

The foreign exchange reserves of the central bank increased by $384 million to $16.428 billion by week ended April 23, 2021 as compared with $16.044 billion a week ago.

However, foreign exchange reserves held by commercial banks fell by $77 million to $7.092 billion by week ended April 23, 2021 as compared with $7.169 billion a week ago.

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