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Asia, Forex

Pakistan reserves increase $535 mln to $8,264.4 mln week ending Aug 9

KARACHI, Pakistan, Aug 17 (Reuters) – Pakistan’s foreign exchange reserves increase $535 million to $8,264.4 million in the week ending Aug 9, compared to $7,729.1 million in the previous week, the central bank said on Saturday. RESERVES Week ending Previous Week Change/pct ($ billions) Aug 9 Held by the State $8,264.4 mln $7,729.1 mln 6.9 Bank of Pakistan Held by $7,313.1 mln $7,291.1 mln 0.3 commercial banks Total $15,577.5 mln $15,020.2 mln 3.7 During week ending August 9, State Bank of Pakistan’s reserves increase by $535 million mainly due to inflow of $500 million from Asian Development Bank, the central bank said on Saturday. (Reporting by Syed Raza Hassan)

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