Reserves rise

Published September 19, 2014

KARACHI: The country’s total liquid foreign exchange reserves slightly increased to $13.525 billion in the week ending September 12 compared to $13.414bn the previous week, the State Bank of Pakistan (SBP) said on Thursday.

The reserves held by the SBP increased by $103 million to $8.796bn from $8.693bn the previous week; while the reserves held by other banks stood at $4.729bn from $4.721bn.

During the week, the SBP made payments of $25m on account of external debt, however, it received $23m from multilateral, bilateral, and other sources.

Published in Dawn, September 19th, 2014

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