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Pakistan’s central bank forex reserves rise 393 mln USD

The State Bank of Pakistan (SBP) said its foreign exchange reserves have increased by 393 million U.S. dollars.

During the week ending on June 30, the total foreign exchange reserves of Pakistan's central bank moved to around 4.46 billion dollars, the SBP said in a statement on Thursday.

The increase is due to "the receipt of official government of Pakistan's inflow," it added.

Net foreign reserves held by commercial banks came at 5.28 billion dollars, the central bank said.

Total liquid foreign reserves held by the South Asian country stood at about 9.74 billion dollars, according to the SBP.

Source: Xinhua Finance Agency

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