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KARACHI: Pakistan’s foreign exchange reserves held by the central bank rose by $1.214 billion in the week ending May 15, helped by inflows from the International Monetary Fund and proceeds from the country’s debut Panda Bond issuance, the State Bank of Pakistan (SBP) said on Thursday.
The SBP’s reserves increased by $1.214 billion to $17.081 billion in the week ending May 15, according to a central bank statement. Total liquid foreign reserves held by the country stood at $22.588 billion, including $5.507 billion held by…