Reserves stand at $15.62 billion

The State Bank of Pakistan (SBP) said Karachi-the country's total liquid foreign reserve is $ 15,62907 billion. The weekly statement released by SBP on Thursday was $ 8,271.1 million in foreign reserves held by state banks on August 23, and $ 7,358.6 net foreign reserves held by commercial banks. During the week ending August 23, SBP's reserves increased to $ 83.11 million, up $ 32 million. Meanwhile, the State Bank of Pakistan (SBP) will issue bills signed by the new Governor, Dr. Reza Baqir, at the field office of SBP Banking Services Corporation from August 30, 2019. A former SBP press release Thursday said banknotes signed by his predecessors would continue to be flown in court tenders.


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