KARACHI: The foreign exchange reserves surged to $13.40 billion during the week ending October 3 as compared to $13.210 billion of the previous week, recording a week-on-week increase of 2.86 percent.
The SBP reserves soared by $247 million to $8.857 billion from $8.610 billion in a week.
The SBP received $484m from multiple sources including $364 million on account of Coalition Support Fund (CSF); however, it also returned $133 million on account of external debt servicing.
The reserves held by other banks, however, declined to $4.543 billion from $4.600 billion.
