Pakistan's foreign exchange reserves up by $70 million

The country's foreign exchange reserves have rose by $70 million to $18.04 billion in the week ending August 13, from $17.97 billion a week earlier. According to the State Bank of Pakistan (SBP) reserves held by the State Bank has registered some increase, while reserves held by banks posted some decline.
Reserve held by the State Bank surged to $14.55 billion from $14.46 billion a week ago, while reserves held by commercial banks fell to $3.49 billion from $3.51 billion.