RECORDER REPORT

KARACHI: The country’s total liquid foreign exchange reserves rose by $93 million during the last week.

According to State Bank of Pakistan’s (SBP) weekly foreign exchange report issued on Thursday, the total liquid foreign exchange reserves held by the country stood at $ 9.847 billion as of Mar 10, 2023 compared to $9.754 billion as of March 3, 2023.

During the week under review, SBP’s reserves increased by $ 18 million to $ 4.319 billion up from $4.301 billion a week earlier.

Similarly, net foreign reserves held by commercial banks also increased by $ 75 million to $ 5.528 billion end of the last week.