SBP foreign reserves observe an increase of $70mn

KARACHI: According to the data released by the State Bank of Pakistan (SBP), the foreign exchange reserves have observed an increase of $70mn at the closure of week on February 26.

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The total value of reserves was recorded at $12.98bn.

According to the details, the volume of liquid reserves of the central bank was recorded at $20.133bn at the end of February 26.

Earlier, the central bank had informed that the current account deficit of the country had declined to $229mn in January 2021 from $652mn.

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Maham Tahir

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