Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $119 million on a weekly basis, clocking in at $9.27 billion as of August 9, data released on Thursday showed.
Total liquid foreign reserves held by the country stood at $14.64 billion. Net foreign reserves held by commercial banks stood at $5.37 billion.
The central bank did not specify a reason for the increase in the reserves.
“During the week ended on 9-Aug-2024, SBP reserves increased by US$ 119 million to US$ 9,272.6 million,” it said.
Last week, SBP foreign exchange reserves increased by $51 million.
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