SBP forex reserves surge $1.2bn

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A trader counts US dollar banknotes at a currency exchange booth in Peshawar, September 15, 2021. — Reuters/File
A trader counts US dollar banknotes at a currency exchange booth in Peshawar, September 15, 2021. — Reuters/File

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves surged by $1.2 billion to $18.328bn during the week ended on Sept 4.

The central bank announced on Thursday that the increase in forex reserves was due to commercial loan proceeds received by the Government of Pakistan.

The country’s overall liquid foreign reserves stood at $23.715bn, including $5.387bn held by commercial banks.

Published in Dawn, September 11th, 2026

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