SBP reserves rise to $12.1bn

KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) increased by $55 million to $12.121 billion during the week ended on Oct 23, the central bank announced on Thursday.

The forex holdings of the commercial banks stood at $7.175bn, while the country’s overall foreign exchange reserves reached $19.296bn during the week.

Published in Dawn, October 30th, 2020

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