Pakistan’s forex reserves rise by $56m in a week

Pakistan’s forex reserves rise by m in a week

ISLAMABAD – Pakistan’s official foreign exchange reserves held by the State Bank recorded an increase of $56 million during the past week.

According to figures released by the State Bank of Pakistan (SBP), official reserves rose by $56 million over the previous week.

The data showed that official reserves stood at $16.1572 billion as of January 30, bringing the country’s total foreign exchange reserves to $21.3387 billion.

The SBP further said that commercial banks are holding foreign exchange reserves amounting to $5.1815 billion.

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Daily Pakistan Global Web Desk

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