Business

Foreign exchange reserves increase to $15.577 billion

Foreign exchange reserves increase to $15.577 billion

(APP) - After receiving inflows of US$500 million from the Asian Development Bank (ADB), the country’s total liquid foreign reserves held by the country stood at US$15,577.5 million as on August 09, 2019, State Bank of Pakistan (SBP) reported Saturday.

The foreign reserves held by the State Bank of Pakistan stood at US$8,264.4 million while the net foreign reserves held by commercial banks stood at US$7,313.1 million, according to SBP press statement.