News

SBP’s foreign reserves increased by $14.4m

By News Desk

April 18, 2024 10:46 PM


Twitter Share Facebook Share WhatsApp Share

The total liquid foreign reserves of Pakistan reached $13,373.7 million while foreign reserves held by the State Bank of Pakistan (SBP) stood at $8,054.7 million in the week ended on April 12, 2024.

State Bank of Pakistan, in a statement issued Thursday, informed that foreign exchange reserves held by the central bank increased by $14.4 million to $8,054.7 million during the week under review while SBP had also executed the repayment of $ 1 billion- comprising both principal as well as interest- on maturity of Pakistan’s International Bond.

Meanwhile, net foreign reserves held by commercial banks were recorded $5,319 million, it added.

Total liquid foreign reserves held by the country, in the previous week ended on April 5, 2024, were $13,441.7 million.

Among them foreign reserves held by the central bank were $ 8,040.3 million while net foreign reserves held by commercial banks were $ 5,401.4 million.


News Desk


Most Read

  1. Aroob Jatoi breaks silence on viral deep fake video Aroob Jatoi breaks silence on viral deep fake video
  2. Ducky Bhai pledges million-rupee reward for unveiling source of deepfake video of his wife Ducky Bhai pledges million-rupee reward for unveiling source of deepfake video of his wife
  3. Punjab governor appoints Lt Gen (retd) Abdul Aziz as PPSC Chairman Punjab governor appoints Lt Gen (retd) Abdul Aziz as PPSC Chairman
  4. Life is too short for leaks, Yashma Gill’s latest video ignites criticism Life is too short for leaks, Yashma Gill’s latest video ignites criticism
  5. Reason behind Shruti Haasan and Santanu Hazarika's separation after 4 years Reason behind Shruti Haasan and Santanu Hazarika's separation after 4 years
  6. Why Arijit Singh publicly apologized to Mahira Khan during his concert Why Arijit Singh publicly apologized to Mahira Khan during his concert

Opinion

  1. PM Shehbaz Sharif, WEF and Pakistan
    PM Shehbaz Sharif, WEF and Pakistan

    By Naveed Aman Khan

  2. Employing global best practices in Pakistan-Saudi ties
    Employing global best practices in Pakistan-Saudi ties

    By Nasim Zehra

  3. PML-N smashed PTI in by-polls
    PML-N smashed PTI in by-polls

    By News Desk

  4. Riding the Digital Wave: How Technology is Rewriting the Script of Economic Prosperity
    Riding the Digital Wave: How Technology is Rewriting the Script of Economic Prosperity

    By News Desk

  5. Tax on solar energy: Govt's misplaced priorities favour powerful stakeholders over people welfare  
    Tax on solar energy: Govt's misplaced priorities favour powerful stakeholders over people welfare  

    By Manzoor Qadir

  6. Legacy of Indian military subjugation in Kashmir
    Legacy of Indian military subjugation in Kashmir

    By Dr Ghulam Nabi Fai