The State Bank of Pakistan (SBP) reported a weekly increase of more than $100 million in its foreign exchange reserves, according to data released on Thursday.

As of May 2, the SBP’s foreign currency reserves stood at $10.333 billion, marking a rise of $118 million from $10.214 billion recorded on April 25.

Including the net reserves held by commercial banks, Pakistan’s total liquid foreign exchange reserves reached $15.483 billion, up $231 million compared to the previous week.

The net reserves held by banks other than the SBP increased by $113 million during the week, reaching $5.150 billion.