The State Bank of Pakistan (SBP) reported an increase of $112 million in its foreign exchange reserves on a weekly basis, according to data released on Thursday. As of August 23, the SBP’s foreign currency reserves stood at $9.403 billion, up from $9.292 billion on August 16.

The country’s overall liquid foreign currency reserves, including net reserves held by banks other than the SBP, reached $14.776 billion, marking an increase of $109 million from the previous week.

However, the net reserves held by banks recorded a slight decline of $3 million, totaling $5.373 billion during the same period.