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The foreign exchange reserves held by the State Bank of Pakistan (SBP) rose by $49 million on a weekly basis, according to data released by the central bank on Thursday. As of March 14, the SBP’s foreign currency reserves were recorded at $11.147 billion, reflecting an increase of $39 million from $11.098 billion on March 7.

In addition to the SBP’s reserves, the total liquid foreign exchange reserves in the country, which include net reserves held by banks other than the SBP, stood at $16.016 billion. This marks an increase of $87 million compared to the previous week.

The net reserves held by commercial banks were recorded at $4.869 billion, showing a rise of $37 million during the week.

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