Tag: forex boost
-
SBP-held forex reserves rise by $12 million to $8.05 billion, sufficient to cover over two months’ worth of imports
The State Bank of Pakistan (SBP) announced a rise of $12 million in its foreign exchange reserves, reaching $8.05 billion, as detailed in a statement released on Thursday. The nation’s overall liquid foreign reserves, encompassing both SBP and commercial banks, amounted to $13.379 billion as of August 11. Among these, commercial banks held net reserves…