Tuesday, November 12, 2019

SBP reserves up by $ 179 million to $ 8.98 billion

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Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

The total liquid foreign reserves held by the country stood at US$15,972.6 million on May 03. Foreign reserves held by the State Bank of Pakistan increased by $ 179 million to $ 8,984.1 million.

Net foreign reserves held by commercial banks stood at $ 6,988.5 million.

Total liquid foreign reserves​​​ of Pakistan stood at $ 15,972.6 million.

During the week ending May 03, SBP’s reserves increased by US$179 million to US$8,984.1 million, due to official GoP inflows.

Zain Zubair
Zain Zubair
Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]

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