SBP reserves rise $6 million to $16.38 billion

Foreign exchange reserves held by the State Bank of Pakistan increased by $6 million to $16.38 billion during the week ended March 27, according to data released on Thursday.

The central bank said its reserves stood at $16,381.7 million during the period.

Net foreign reserves held by commercial banks were recorded at $5.41 billion, taking the country’s total reserves to $21.79 billion.