The State Bank of Pakistan (SBP) saw a modest increase in its foreign exchange reserves, rising by $29 million to reach $11.29 billion as of November 15, according to data released on Thursday.
The country’s total liquid foreign reserves stood at $15.97 billion, with commercial banks holding $4.68 billion in net reserves. While the SBP did not provide a specific reason for the increase, it follows a similar rise of $84 million in reserves the previous week.