SBP forex reserves break falling spree, rise above $3bn

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A undated image of a currency dealer counting $100 notes. — AFP/File

The State Bank of Pakistan (SBP)-held foreign exchange reserves snapped a three-week declining spree and rose above $3 billion once again.

In a statement, the central bank said the foreign currency reserves held by the SBP were recorded at $3,192.9 million as of February 10, up $276 million compared with $2,916.7 on February 3.

This is a developing story and is being updated with more details.