SBP foreign exchange reserves rise by $35 million, reaching $11.20 billion

ISLAMABAD: Foreign exchange reserves held by the State Bank of Pakistan (SBP) saw a modest rise of $35 million in the week ending February 14, 2025, bringing the total to $11.20 billion, according to data released on Thursday.

The country’s total liquid foreign reserves amounted to $15.95 billion, with commercial banks holding $4.75 billion in net reserves. The SBP did not provide specific details regarding the reasons behind the increase.

“During the week ending February 14, 2025, SBP reserves rose by $35 million, reaching $11,201.5 million,” the central bank said.

In contrast, the previous week had seen a significant decline of $252 million in SBP reserves.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

CCP fines Aisha Steel Mills Rs648 million and International Steels Rs914...

Companies found guilty of cartelization in flat steel sector; penalties equal 1% of 2021–22 turnover, operations spanned over three years