KARACHI: The country’s overall foreign exchange reserves increased by $168 million during the week ended on May 7, reported the State Bank of Pakistan (SBP) on Monday.

The increase was mainly due to higher inflows in the SBP while the the commercial banks’ forex holdings decreased by $9m to $7.135m during the week.

The SBP’s reserves increased by $177m to $15.774bn due to the government’s official inflows.

Published in Dawn, May 18th, 2021