- Total reserves: $14.79 billion, up $56.2 million
- SBP reserves: $9.46 billion, up $29.8 million
- Commercial Banks reserves: $5.32 billion, up by $26.4 million
KARACHI, Pakistan: The foreign exchange reserves of the State Bank of Pakistan (SBP) has reached US$ 9.46 billion, the highest figures since July 2022.
Showing the figures recorded on September 6, 2024, the Central Bank told that it’s own reserves surged by US$ 56.2 million to stand at US$ 9,466.6 million by the date.
Previously, the foreign exchange reserves held by the SBP were US$ 9,436.8.
Pakistan’s Liquid Foreign Reserves Position (Sep 06, 2024):
SBP: $9.47bn (+$29.8m or +0.32%)
Commercial banks: $5.33bn (+$26.4m or +0.50%)
Total: $14.8bn (+$56.2m or +0.38%) pic.twitter.com/EkYBcKCuEC
— Mettis Global (@MettisGlobal) September 12, 2024
The statistics showed that the Country’s total liquid foreign reserves have appreciated by US$ 56.2 million to reach US$ 14.79 billion.
These reserves were US$ 14,796.1 million in the week ended on September 6 whereas previously they were 14,739.9 million.
While the Commercial Banks had foreign reserves of US$ 5,329.5 million, witnessing an increase of US$ 26.4 million.
