Overview

• State Bank of Pakistan holdings reached $14.420 billion for the week ended October 3, with commercial banks at $5.390 billion.
• Total liquid reserves stood at $19.810 billion, according to SBP data released Thursday.
• The latest $20 million increase marked a fourth consecutive weekly rise after prior gains of $21 million and $22 million.
• External obligations continued to be serviced during the period, including the Pakistan Sovereign Eurobond repayment of $500 million.
• The rupee in the inter-bank market inched up to 281.20 per dollar, reflecting steady currency conditions.