SBP Reserves Increase by $75 Million After Major Decline Last Week

The State Bank of Pakistan (SBP) has reported an increase of $75 million in its foreign exchange reserves over the past week, according to data released by the central bank on Thursday.

As of July 26, the SBP’s foreign currency reserves stood at $9.102 billion, reflecting a $75 million rise from the $9.027 billion recorded on July 19.

The country’s total liquid foreign currency reserves, including those held by banks other than the SBP, amounted to $14.392 billion. However, the net reserves held by banks decreased by $19 million over the week, settling at $5.290 billion.