Liquid foreign reserves reach $13.44bn

KARACHI: The total liquid foreign reserves of Pakistan reached US$ 13,441.7 million in the week ended on April 5, 2024 while foreign reserves held by State Bank stood at $ 8,040.3 million.

The State Bank of Pakistan, in a statement issued here on Monday, informed that foreign exchange reserves held by the central bank decreased by $0.1 million to $ 8,040.3 million during the week under review.

Meanwhile, net foreign reserves held by commercial banks were recorded $ 5,401.4 million, it added.

Total liquid foreign reserves held by the country, in the previous week ended on March 29, 2024, were $13,378.9 million.

Among them foreign reserves held by the central bank were $ 8,040.4 million while net foreign reserves held by commercial banks were $ 5,338.5 million.