Pakistan’s total liquid foreign reserves fall to $13.16b

Published: 05:50 AM, 29 Sep, 2023
Pakistan’s total liquid foreign reserves fall to $13.16b

The total liquid foreign reserves of Pakistan fell to US$ 13,161.8 million while reserves held by the central bank stood at $ 7,636.7 million.

The State Bank of Pakistan, in a statement issued Thursday, informed that SBP’s reserves decreased by 59 million to US$ 7,636.7 million on account of debt repayments during the week ended on September 22, 2023.

Meanwhile, net foreign reserves held by commercial banks stood at $ 5,525.1 million, it added.

Total liquid foreign reserves held by the country, in the previous week ending on September 15, 2023, were US$ 13.186 billion.

Among them, foreign reserves held by the central bank were $ 7.695 billion while net foreign reserves held by commercial banks were $ 5.491 billion.

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