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0.7% growth: SBP’s reserves up by $95m to $13.556b

byCustoms Today Report
11/09/2015
in Business
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KARACHI: The central bank’s foreign exchange reserves have surged by 0.7 per cent to $13.556 billion on week ended September 4 as compared with $13,461 million of the last week.

According to data released by the State Bank of Pakistan (SBP), the bank’s reserves increased $95 million. Total liquid foreign reserves held by the country, including net reserves held by banks other than the SBP, stood at $18,598 million while net reserves held by banks amounted to $5,042.3 million.

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