The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a modest increase of $23 million over the past week, according to data released by the central bank on Thursday.

As of July 11, the SBP’s foreign currency reserves stood at $14.526 billion, up from $14.502 billion reported on July 4. Despite this uptick at the central bank, the country’s overall liquid foreign currency reserves, including those held by commercial banks, decreased by $72 million, totaling $19.957 billion.

Net reserves held by banks other than the SBP were recorded at $5.432 billion, reflecting a decrease of $96 million during the week.