KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) rose by $157 million to $12.430 billion during the week ended on Feb 7.

The central bank said on Thursday announced that the country’s total reserves improved to $18.875bn.

However, the commercial banks’ reserves saw a drop of $66m to $6.304bn during the week. The holdings of the banks kept declining since January.

Published in Dawn, February 14th, 2020