Forex reserves up by $198 million

15 Sep, 2017

The country's total liquid foreign exchange reserves rose by $198 million during last week. According to State Bank of Pakistan (SBP) weekly report issued Thursday, the country's forex reserves stood at $20.585 billion as on September 8, 2017 compared to $20.387 billion on August 31, 2017. During the period under review, the SBP's reserves surged by $77 million to $14.758 billion up from $14.681 billion. Meanwhile, reserves held by banks increased by $121 million to reach $5.827 billion at the end of last week.

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