- Total reserves: $14.87 billion, up $46.6 million
- SBP reserves: $9.53 billion, up $24 million
- Commercial Banks reserves: $5.34 billion, up by $22.6 million
ISLAMABAD, Pakistan: The Country’s total foreign exchange reserves have jumped to US$ 14.87 billion, the highest since July 15, 2022.
As per the latest figures released by the State Bank of Pakistan (SBP), foreign exchange reserved held by the Country stood at US$ 14,873.1 million as of September 20, 2024 with an increase of US$ 46.6 million.
Previously, they were US$ 14,826.5 million recorded on September 13, 2024.
Pakistan’s Liquid Foreign Reserves Position (Sep 20, 2024):
SBP: $9.53bn (+$24m or +0.25%)
Commercial banks: $5.34bn (+$22.6m or +0.43%)
Total: $14.87bn (+$46.6m or +0.31%) pic.twitter.com/KQ3MboGLnJ
— Mettis Global (@MettisGlobal) September 26, 2024
The State Bank’s own reserves reached US$ 9.53 billion, which were the highest after July 7, 2022.
By September 13, the SBP’s reserves were US$ 9,509.6 million but a week later with an increase of US$ 24 million, they surged to US$ 9,533.6 million.
While the Commercial Banks had foreign reserves of US$ 5,339.5 million, witnessing a growth of US$ 22.6 million.
, foreign exchange reserved held by the Country stood at US$ 14,873.1 million as of September 20, 2024 with an increase of US$ 46.6 million.){kind=link}