Forex reserves rise to $21.929 billion

KARACHI: Pakistan’s foreign exchange reserves increased to $21.929 billion during the week ended February 17 against $21.824 billion in the previous week, the State Bank of Pakistan (SBP) said on Thursday. The reserves held by the central bank rose $35 million to $17.028 billion as compared to $16.993 billion a week ago. Forex reserves of commercial banks amounted to $4.902 billion against $4.831 billion recorded last week.