Islamabad: The State Bank of Pakistan (SBP) has experienced a notable increase in its foreign exchange reserves, with a gain of $75 million reported this week, signaling a positive shift following recent declines.

According to Zameen.Com, the central bank's reserves rose from $9.027 billion on July 19 to $9.102 billion on July 26. This improvement contrasts with a downturn the previous week and contributes to the country's total liquid foreign currency reserves, which now stand at $14.392 billion. However, net reserves held by banks saw a slight decrease, dropping by $19 million to $5.290 billion.

This financial update comes at a crucial time as Pakistan navigates various economic challenges, with the increase in reserves providing a modest buffer against potential external payment issues and currency volatility.