KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $139.1 million to $12.608 billion, a press release showed on Thursday.

“This increase in reserves is mainly attributed to proceeds of $249.4m from the Asian Infrastructure Investment Bank. During the week, the SBP also made government external debt repayments of $151.0m,” said the press release issued by the central bank.

During the week, total liquid foreign reserves held by the country stood at $19.655bn whereas those held by the commercial banks decreased by $1.9m to $7.047bn.

Published in Dawn, August 21st, 2020

Opinion

Editorial

Anti-women state
Updated 25 Nov, 2024

Anti-women state

GLOBALLY, women are tormented by the worst tools of exploitation: rape, sexual abuse, GBV, IPV, and more are among...
IT sector concerns
25 Nov, 2024

IT sector concerns

PRIME Minister Shehbaz Sharif’s ambitious plan to increase Pakistan’s IT exports from $3.2bn to $25bn in the ...
Israel’s war crimes
25 Nov, 2024

Israel’s war crimes

WHILE some powerful states are shielding Israel from censure, the court of global opinion is quite clear: there is...
Short-changed?
Updated 24 Nov, 2024

Short-changed?

As nations continue to argue, the international community must recognise that climate finance is not merely about numbers.
Overblown ‘threat’
24 Nov, 2024

Overblown ‘threat’

ON the eve of the PTI’s ‘do or die’ protest in the federal capital, there seemed to be little evidence of the...
Exclusive politics
24 Nov, 2024

Exclusive politics

THERE has been a gradual erasure of the voices of most marginalised groups from Pakistan’s mainstream political...