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SBP’s foreign exchange reserves increase by $31mn

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LAHORE – State Bank of Pakistan’s (SBP) foreign exchange reserves have reached $7,646.7 million during the week ended on October 6, 2023.

As per the data released by SBP on Thursday, the net foreign reserves held by commercial banks stood at $5,383.4 million.

As such, the total liquid foreign reserves held by Pakistan reached $13,030.1 million.

During the week ended on October 6, 2023, SBP’s reserves increased by $31 million to $7,646.7 million.

SBP suspends authorization of five exchange companies

 

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