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SBP reserves rise by $918m
KARACHI: Reserves held by the State Bank of Pakistan jumped by a net $918 million to $8.001 billion during the week ended on July 12.
The increase came on the back of first tranche of $991.4m received from the International Monetary Fund. Meanwhile, holdings of commercial banks amounted to $7.248bn whereas total liquid reserves of the country stood at $15.249bn during the period under review.
Published in Dawn, July 19th, 2019
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