SBP’s Forex Reserves Rise by $51 Million in a Week
The State Bank of Pakistan (SBP) reported a $51 million increase in its foreign exchange reserves over the past week, providing a small but positive boost to the country’s financial position.
As of August 2, the SBP’s reserves stood at $9.153 billion, up from $9.102 billion on July 26, according to the latest data released on Thursday.
In total, Pakistan’s overall liquid foreign currency reserves, including those held by other banks, reached $14.472 billion. This increase reflects a gradual improvement in the country’s financial stability.
