RECORDER REPORT

KARACHI: The State Bank's reserves increased by $184 million to reach $12 billion mark during the last week.

According to weekly foreign exchange report issued by SBP on Thursday, SBP's foreign exchange reserves rose to $11.915 billion during last week ending January 24, 2020 compared to $11.732 billion on January 17, 2020.

During the period under review, reserves held by banks decreased by $92 million to $6.448 billion. In addition, the total liquid foreign exchange reserves held by the country stood at $18.363 billion, up by $92 million during last week.