Pakistan’s total liquid foreign reserves reach $13.28bn

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 13,280.5 million while foreign reserves held by the central bank reached $ 7,981.2 million in the week ended on April 19, 2024.

The State Bank of Pakistan, in a statement issued here on Thursday, informed that foreign reserves held by the SBP decreased by $ 74 million to $ 7,981.2 million during the week under review, due to external debt repayments.

Meanwhile, net foreign reserves held by commercial banks were recorded $ 5,299.3 million, it added.

Total liquid foreign reserves held by the country, in the previous week ended on April 12, 2024, were $ 13,373.7 million.

Among them foreign reserves held by the central bank were $ 8,054.7 million while net foreign reserves held by commercial banks were $ 5,319 million.