: Pakistani central banks forex reserves rise mn #IndiaNEWS #International Islamabad, Feb 24 (IANS) The State Bank of Pakistan (SBP) has said that its foreign exchange reserves have increased by
Pakistani central banks forex reserves rise mn #IndiaNEWS #International
Islamabad, Feb 24 (IANS) The State Bank of Pakistan (SBP) has said that its foreign exchange reserves have increased by million.
During the week ending on February 17, the total foreign exchange reserves of the SBP rose to around .26 billion, the SBP added on Thursday in a statement.
Net foreign reserves held by commercial banks came at .47 billion, it said.
Total liquid foreign reserves held by the South Asian country stood at about .73 billion, according to the central bank.
This is the second consecutive week the central bank has witnessed a slight increase in its foreign exchange reserves, a positive sign for Pakistan as its reserves went down to .91 billion a couple of weeks ago, Xinhua news agency reported.
IANS
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