The State Bank of Pakistan (SBP) reported a weekly increase of $119 million in its foreign exchange reserves, according to data released by the central bank on Thursday.

As of August 9, the SBP’s foreign currency reserves stood at $9.273 billion, up from $9.153 billion on August 2.

The country’s total liquid foreign currency reserves, which include net reserves held by banks other than the SBP, reached $14.645 billion, marking an increase of $173 million from the previous week.

Net reserves held by banks were recorded at $5.373 billion, reflecting a $54 million rise during the same period.