Abb Takk News

SBP Foreign Reserves Rise $272mn To $16.1bn

The State Bank of Pakistan’s (SBP) foreign exchange reserves increased by US$272 million and were recorded at $16,133 million during the week ending on May 28.

According to the data released by the central bank, net reserves held by the SBP stood at $16,133.6 million.

Overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $23,294.1 million.

Net reserves held by banks amounted to $7,160.5 million.