Pakistan’s forex reserves increase by $132 million

Pakistan’s forex reserves increase by $132 million

KARACHI: The liquid foreign exchange reserves of the country have increased by $132 million to $15.751 billion by week ended September 06, 2019, State Bank of Pakistan (SBP) said on Thursday.

The reserves held by SBP increased by $182 million to $8.462 billion by week ended September 06, 2019 as compared with $8.28 billion a week ago. The SBP attributed the increase to official inflows during the week.

The reserves held by commercial banks, however, declined by $50 million to $7.289 billion as compared with $7.339 billion a week ago.

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