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Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $84 million on a weekly basis, clocking in at $11.26 billion as of November 8, data released on Thursday showed.

Total liquid foreign reserves held by the country stood at $15.97 billion. Net foreign reserves held by commercial banks stood at $4.71 billion.

The central bank did not specify a reason for the increase in reserves.

“During the week ended on 08-Nov-2024, SBP reserves increased by US$ 84 million to US$ 11,258.6 million,” it said.

Last week, SBP foreign exchange reserves increased by $18 million.

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