- Total reserves: $12.6 billion, down by $257 million
- SBP reserves: $7.5 billion, down by $220 million
- Commercial Banks reserves: $5.2 billion, down by $37 million
KARACHI, Pakistan: The Country’s total liquid foreign reserves were further reduced to to US$ 12.66 billion as of October 20, 2023, decreasing by US$ 257 million in a week.
The latest data shared by the State Bank of Pakistan showed that the total liquid foreign reserves held by the Country stood at US$ 12,655.6 million.
Total liquid foreign #reserves held by the country stood at US$ 12.66 billion as of October 20, 2023.
For details https://t.co/WpSgomnKT3#SBPReserves pic.twitter.com/QgKlf9QGWk— SBP (@StateBank_Pak) October 27, 2023
The Central Bank’s foreign reserves also plunged to US$ 7.5 billion in the week ended on October 20, showing a decrease by US$ 219.8 million.
The reserves held by the Central Bank stood at US$ 7,494.2 million by Friday last whereas previously they were US$ 7,714.0 million.
Whereas the Commercial Banks had foreign reserves of US$ 5,161. million as of October 20, registering a decrease of US$ 37.5 million.