KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $139.1 million to $12.608 billion, a press release showed on Thursday.
“This increase in reserves is mainly attributed to proceeds of $249.4m from the Asian Infrastructure Investment Bank. During the week, the SBP also made government external debt repayments of $151.0m,” said the press release issued by the central bank.
During the week, total liquid foreign reserves held by the country stood at $19.655bn whereas those held by the commercial banks decreased by $1.9m to $7.047bn.
Published in Dawn, August 21st, 2020
