WhatsApp Logo Subscribe
For News Alert

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. Brother shot dead over distribution of Qurbani meat in Azad Kashmir Brother shot dead over distribution of Qurbani meat in Azad Kashmir
  2. Former president of Landi Kotal Press Club shot dead by unknown assailants Former president of Landi Kotal Press Club shot dead by unknown assailants
  3. Fault in global submarine cable affects internet service in parts of Pakistan Fault in global submarine cable affects internet service in parts of Pakistan
  4. Coca-Cola truck looted after accident in Faisalabad Coca-Cola truck looted after accident in Faisalabad
  5. Syra Yousuf ‘strongly’ refuses to remarry Shahroz Sabzwari Syra Yousuf ‘strongly’ refuses to remarry Shahroz Sabzwari
  6. Haris Rauf gets into ugly spat with fan in US Haris Rauf gets into ugly spat with fan in US

Opinion

  1. An Unmissable Opportunity: The Time for Modi and Islamabad leadership to Resume Bilateral Dialogue is Now!
    An Unmissable Opportunity: The Time for Modi and Islamabad leadership to Resume Bilateral Dialogue is Now!

    By Sudheendra Kulkarni

  2. Premier Shehbaz and Chinese model
    Premier Shehbaz and Chinese model

    By Naveed Aman Khan

  3. Modi's myth broken, yet in power
    Modi's myth broken, yet in power

    By Naveed Aman Khan

  4. Xi, Shehbaz and CPEC phase - 2
    Xi, Shehbaz and CPEC phase - 2

    By Naveed Aman Khan

  5. Pakistan's UNSC Triumph: A New Era
    Pakistan's UNSC Triumph: A New Era

    By Dr Asif Channer

  6. Shehbaz, Deng, Xi and transformation
    Shehbaz, Deng, Xi and transformation

    By Naveed Aman Khan