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.
In the week ending July 31, SBP’s liquid foreign exchange reserves increased 2.8% to $13,767 million because of official inflows of $418 million, which included receipts of $337 million under the Coalition Support Fund (CSF).