SBP reserves jump $182m to stand at $8.46bn

The foreign exchange reserves held by the State Bank of Pakistan increased 2.2pc on a weekly basis, according to data released by the central bank on Thursday.

On September 6, the foreign currency reserves held by the SBP were recorded at $8,462.3 million, up $181.8 million compared with $8,280.5 million in the previous week. The central bank cited official inflows as the reason for the increase in reserves.

The overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $15,751.7 million. Net reserves held by banks amounted to $7,289.4 million.

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