SBP foreign reserves rise by $21m to $11.22b

Total liquid foreign reserves in the country amount to $15.92 billion, SBP shared in a statement.

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Foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $21 million, reaching $11.22 billion as of February 21, according to data released on Thursday.

Total liquid foreign reserves in the country amounted to $15.92 billion, with net reserves held by commercial banks standing at $4.70 billion.

The central bank did not specify the reasons behind the increase in reserves. Last week, SBP's foreign exchange reserves had risen by $35 million.