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       KARACHI: Foreign exchange reserves of the State Bank further increased by $31 million to $12.081 billion during the week ending on Dec 13.

       The reserves have been increasing with the inflows from the donor agencies and the buying of dollars from the interbank market.

       The government plans to take the SBP reserves to $13bn by the end of FY25. The country’s overall reserves reached $16.632bn, including $4.551bn held by banks.

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       Published in Dawn, December 20th, 2024