SBP-held foreign exchange reserves rise $11 million to $21.57 billion

The State Bank of Pakistan’s foreign exchange holdings gained $11 million in the week to November 6, reaching $21.57 billion, Business Recorder reported, citing central bank data released Thursday. The increase followed a $39 million rise in the preceding week, when SBP reserves stood at $21.56 billion as of October 30.

Pakistan’s total liquid reserves were $26.84 billion on November 6, while commercial banks held net foreign reserves of $5.27 billion. The latest figures provide an update on the country’s external reserve position, with the central bank’s holdings accounting for the largest share of the reported total.