Pakistan’s Total Liquid Foreign Reserves Reach $13.256 Billion

Thu Jan 11 2024
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KARACHI: Pakistan’s total liquid foreign reserves increased to $13,256.6 million while reserves held by State Bank reached $8,154.8 million in the week ended on 5 January 2023.

The State Bank of Pakistan (SBP), in a statement issued on Thursday, informed that the central bank’s reserves dropped by $66 million to $8,154.8 million due to debt repayments during the week under review.

Meanwhile, net foreign reserves held by commercial banks stood at 5,101.8 million dollars, it added.

Pakistan’s Forex Reserves in Previous Week

Pakistan’s total liquid foreign reserves in the previous week, which ended on 29 December 2023, were $13,220.6 million.

Among them, foreign reserves held by SBP were $8,221.2 million, while net foreign reserves held by commercial banks were $4,999.4 million.

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