Data released on Thursday shows that as of August 30, the State Bank of Pakistan’s (SBP) foreign exchange reserves increased by $33 million every week, totaling $9.44 billion.
$14.74 billion was the entire amount of liquid foreign reserves held by the nation. There was $5.30 billion in net foreign reserves held by commercial banks.
The increase in reserves was not specifically explained by the central bank.
SBP reserves increased by $33 million to $9,436.8 million by the week ending on August 30, 2024, according to reports.
Last week, SBP’s foreign exchange reserves increased by $112 million.