Pakistan’s Total Foreign Reserves Reach at $ 9.99 Billion

Thu May 11 2023
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KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 9,990.4 million while reserves held by the central bank reached US$ 4,383.4 million.

The State Bank of Pakistan (SBP), in a statement issued here on Thursday, informed that foreign reserves of the central bank decreased by US$ 74 million to US$ 4,383.4 million due to external debt repayment during the week ended on May 05, 2023.

Pakistan’s Foreign Reserves

However, net foreign reserves held by commercial banks stood at US$ 5,607 million, it added.  In the last week ending on April 28, 2023, total liquid foreign reserves held by the country was US$ 10,043.2 million. Among them, foreign reserves held by the SBP were US$ 4,457.2 million while net foreign reserves held by commercial banks were US$ 5,586 million.

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