Pakistan forex reserves up $30 mln to $3.289 bln

PAKISTAN - Pakistan's central bank said on 23 August total liquid foreign exchange reserves were $3.289 billion as of 18 August, up by some 30 million dollars from the previous week's $3.259 billion.

The State Bank of Pakistan (SBP) said it directly held $1.704 billion, while other commercial banks held $1.585 billion.

The SBP in April changed its method of calculating foreign reserves and now monitors total liquid foreign reserves by including previously undisclosed foreign exchange deposits h