The State Bank of Pakistan (SBP) reported an increase in its foreign exchange reserves, which rose by $106 million on a weekly basis, according to data released by the central bank on Thursday.

As of October 4, the SBP’s foreign currency reserves stood at $10.808 billion, up from $10.702 billion on September 27. This increase reflects a positive trend in the country’s foreign exchange holdings.

In total, Pakistan’s overall liquid foreign currency reserves, which include net reserves held by banks other than the SBP, reached $16.047 billion. This marks an increase of $64 million compared to the previous week.

However, the net reserves held by banks saw a decrease, falling by $42 million to $5.239 billion during the same period.