KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves have surged by $381 million or 2.8 per cent to $13,767 million on a week ended July 31.
According to data released by the central bank, the country’s total liquid foreign reserves held by the country, including net reserves held by banks other than the SBP, stood at $18,822.1 million while net reserves held by banks amounted to $5,055.3 million.
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In the week ending on July 3, SBP-held foreign exchange reserves increased 3.8% mainly because of the receipt of $514 million from multilateral and bilateral sources, which included $506 million received from the IMF under the Extended Fund Facility.
