SBP reserves jump to $12.33bn


KARACHI: In a statement released by the State Bank of Pakistan, the foreign currency reserves held by the central bank jumped up by $250 million, to 12.33 billion. 

The reserves previously recorded over $12 billion increased by 2.15%. 

The country’s overall liquid foreign currency reserves, including other banks, rose to $18,755.1 million from $18,463.0 million during the week. 

Currently, Pakistan’s net reserves also increased $6,425.7 million.

Prior to this, the State Bank of Pakistan made a foreign debt repayment of worth $1 billion on the maturity of Sukuk. 

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