SBP Reserves Remain Steady, Slightly Exceeding $9 Billion

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According to data released by the central bank on Thursday, the State Bank of Pakistan (SBP) recorded a weekly increase of $15 million in foreign exchange reserves.

As of May 10, the State Bank of Pakistan’s foreign currency reserves amounted to $9.136 billion, marking a $15 million increase from $9.120 billion on May 3.

The total liquid foreign currency reserves of the country, encompassing reserves held by banks other than the SBP, reached $14.626 billion, reflecting a $168 million rise from the preceding week.

Banks’ net reserves reached $5.491 billion, witnessing a $152 million increase during the week.

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