The foreign exchange reserves of the State Bank of Pakistan (SBP) slightly increased by $12 million to $8.055 billion during the week ended on Aug 11 against the previous trend of frequent declines since the first week of July. The SBP reserves were $4.524bn on July 7, which jumped to $8.727bn after inflows from the IMF, Saudi Arabia and UAE. However, the forex holdings of the central bank s