Foreign reserves rise to $20.3 billion

KARACHI - The total liquid foreign reserves held by the country stood at $20,387.0 million on August 31. The weekly break-up of the foreign reserves position showed that foreign reserves held by the State Bank of Pakistan stood at $14,681.3 million and net foreign reserves held by commercial banks are $5,705.7 million.  During the week ending 31st August, SBP’s reserves increased by $338 million to $14,681 million, due to official inflows.

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