Pakistan's SBP-held foreign exchange reserves reach at $8.05 Billion

According to the State Bank of Pakistan (SBP), the nation's foreign exchange reserves have recorded a weekly increase of $13 million, bringing the total reserves to $8.05 billion as of February 9.

SBP data reveals that the country's total liquid foreign reserves now stand at $13.15 billion, while commercial banks hold net foreign reserves amounting to $5.1 billion.

In a statement, the central bank reported that during the week ending February 9, 2024, SBP's reserves saw a $13 million uptick, reaching $8,056.5 million.