Pakistani central bank's forex reserves rise $66 mn

Islamabad, Feb 24 (IANS) The State Bank of Pakistan (SBP) has said that its foreign exchange reserves have increased by $66 million.During the week ending on February 17, the total foreign exchange reserves of the SBP rose to around $3.26 billion, the SBP added on Thursday in a statement.Net foreign reserves held by commercial banks came at $5.47 billion, it said.Total liquid foreign reserves held by the South Asian country stood at about $8.73 billion, according to the central bank.This is the second consecutive week the central bank has witnessed a slight increase in its foreign exchange reserves, a positive sign for Pakistan as its reserves went down to $2.91 billion a couple of weeks ago, Xinhua news agency reported.
--IANS int/khz/

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