Business

SBP Reserves Hold $9 Billion Level After Marginal Increase

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased marginally on a weekly basis according to data issued by the central bank on Thursday.

On May 31, the foreign currency reserves held by the SBP were recorded at $9.110 billion, up $16 million compared to $9.094 billion on May 24.

Overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $14.216 billion, down $100 million over the previous week.

Ad Powered By Advergic
Loading ad . . .
Ad - Continue scrolling to read

The net reserves held by banks stood at $5.106 billion, registering a decrease of $116 million during the week.

Stay Connected with ProPakistani

Get the latest business news, market insights, and economic updates wherever you prefer.

Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.

Share
Published by
ProPK Staff