The State Bank of Pakistan’s (SBP)-led foreign exchange reserves witnessed $31 million increase during the last week. The central bank’s reserves rose to $ 7.646 billion during the week ended on October 6, 2023 compared to $7.615 billion as of September 28, 2023. However, during the week under review, net foreign exchange reserves held by commercial banks declined by $32 million to $5.383bn.

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