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Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $29 million on a weekly basis, clocking in at $11.29 billion as of November 15, 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 $4.68 billion.

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

“During the week ended on 15-Nov-2024, SBP reserves increased by US$ 29 million to US$ 11,288.0 million,” it said.

Last week, SBP foreign exchange reserves increased by $84 million.

Comments

200 characters
Abdullah Nov 21, 2024 07:16pm
Pti and the so called economist wanted it to default.where are they now.
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SAd Nov 21, 2024 10:53pm
Each month reserves are increasing. Despite all hue and cry we are fighting it out. Alhamdulillah
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Rebirth Nov 22, 2024 01:38am
How much of these reserves are Saudi, UAE and Chinese funds and when are we planning to pay them back? If our own reserves have exceeded $5 billion, we should consider returning their capital.
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