SBP reserves rise by $15.6 million

BusinessSBP reserves rise by $15.6 million
  • Total reserves: $14.6 billion, up $71.7 million
  • SBP reserves: $9.4 billion, up $15.6 million
  • Commercial Banks reserves: $5.2 billion, up by $56.1 million

KARACHI, Pakistan: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) stood at US$ 9.4 billion by July 5, 2024, with a slight increase of US$ 15.6 million.

The latest statistics released by the Central Bank showed that the Country’s total foreign reserves were recorded at US$ 14.6 billion as of July 5, 2024 showing an increase of US$ 71.7 million.

The data revealed that the total liquid foreign reserves held by the Country as of July 5, 2024 were US$ 14,644.7 million.

The statistics showed that the Central Bank’s own reserves witnessed an increase of US$ 15.6 million to stand at US$ 9.4 billion.

The reserves held by the SBP stood at US$ 9,405.1 million in the week ended on July 5 whereas previously they were US$ 9,389.5 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,239.6 million, showing an increase of US$ 56.1 million.SBP reserves rise by $15.6 million

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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