With inflation cooling, the State Bank of Pakistan (SBP) hit pause on its multiple rounds of monetary easing that might have risked destabilising its currency or worsening the trade deficit.
Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $21 million on a weekly basis, clocking in at $11.22 billion as of February 21, data released on Thursday showed.
Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $252 million on a weekly basis, clocking in at $11.17 billion as of February 7, data released on Thursday showed.