FILE PHOTO: An employee counts U.S. dollar bills at a money exchange in central Cairo, Egypt, March 20, 2019. REUTERS/Mohamed Abd El Ghany
The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $22 million on a weekly basis according to data issued by the central bank on Thursday.
On May 17, the foreign currency reserves held by the SBP were recorded at $9.157 billion, up $22 million compared to $9.136 billion on May 10.
Overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $14.585 billion, down $41 million over the previous week.
The net reserves held by banks stood at $5.428 billion, registering a decrease of $63 million during the week.