KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $31 million during the last week. According to weekly report, SBP’s reserves surged to $ 7.646 billion during the week ended on Oct, 6, 2023 compared to $7.615 billion as of September 28, 2023.

However, during the week under review, net foreign exchange reserves held by commercial banks declined by $32 million to $5.383 billion. The country’s total liquid foreign reserves held by the country remained stable at $13.030 billion by end of the last week.

Copyright Business Recorder, 2023