SBP reserves rise $4m to $13b

KARACHI:Nationaltimesnews) The State Bank of Pakistan’s (SBP) foreign exchange reserves were recorded at $13 billion during the week ending on March 12, showing an increase of $4 million or 0.03%.According to the central bank, overall liquid foreign currency reserves held by the country, including net reserves held by banks other than the SBP, stood at $20 billion.Overall liquid foreign reserves held by the country stood at US$ 20.15 billion as of March 5, 2021. Net reserves held by the SBP stood at $13.16 billion while net reserves held by the commercial banks reduced by $14 million to $7.14 billion.



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