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Pakistan Central Bank Reserves Increased First Time in 8 Weeks

admin-augaf by admin-augaf
January 19, 2023
in Business, Finance
Reading Time: 1 min read
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Pakistan Increase Policy Rate to a High of 23 Years
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Sub heading Central Bank Reserves After a decline of USD 3,616 million during the last 8 weeks

Karachi January 19 2023: SBP foreign exchange reserves for the week ending Jan 13, 2023, were up by USD 258 million to USD 4,601 million as per data released by the Central Bank.

At present, SBP reserves stand at the level of USD 4,601 million as of 13th January 2023 compared to USD 4,343 million at the end of the week ending 6th January 2023.


During the same period, foreign exchange reserves held by commercial banks decreased by USD 2 million to the level of USD 5,842 million as of 13th January 2023.

Overall reserves held by the country witnessed an increase of USD 256 million to USD 10,444 million during the week ending 13th January 2023.


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Tags: SBP
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