Forex reserves rise to $19.301bln
By Our Correspondent
October 23, 2020
KARACHI: Pakistan’s liquid foreign exchange reserves increased $286 million, or 1.5 percent, during the week ended October 16, 2020, the central bank reported on Thursday.
The total liquid foreign exchange reserves held by the country stood at $19.301 billion, compared with $19.015 billion a week ago.
The State Bank of Pakistan’s (SBP) forex reserves increased $268 million to $12.066 billion due to the official inflows. The foreign currency reserves of commercial banks rose to $7.235 billion from $7.217 billion.
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