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Pakistan’s total liquid foreign reserves stand at $12.39bn

Pakistan’s total liquid foreign reserves stand at $12.39bn

Pakistan’s total liquid foreign reserves stand at $12.39bn

KARACHI: The total liquid foreign reserves of Pakistan reached $12,392.8 million while the central bank held the reserves of $7,257 million.

The State Bank of Pakistan, in a statement issued here on Thursday, informed that SBP’s reserves increased by $77 million to $7,257 million during the week ended on November 24, 2023.

Meanwhile, net foreign reserves held by commercial banks stood at $5,135.8 million, it added.

Total liquid foreign reserves held by the country, in the previous week ended on November 17, 2023, were $12.302 billion.

Among them, foreign reserves held by the central bank were $7.18 billion while net foreign reserves held by commercial banks were $5.122 billion.