Pakistan’s foreign reserves down by $125 million to $13.34 billion

BusinessPakistan’s foreign reserves down by $125 million to $13.34 billion
  • Total reserves: $13.3 billion, down by $125 million
  • SBP reserves:  $8.0 billion, down by $110 million
  • Banks reserves: $5.3 billion, down by $14 million

KARACHI, Pakistan: Pakistan’s foreign reserves further decreased by US$ 124.6 million to stand at US$ 13.34 billion in the week ended on August 04, 2023.

Sharing the data on Friday, the State Bank of Pakistan (SBP) said that the total liquid foreign reserves held by the Country stood at US$ 13.34 billion as of August 04, 2023.

The data showed that the State Band had foreign reserves of US$ 8.04 billion, down by US$ 110.4 million while US$ 5.29 billion were with the Commercial Banks as of August 04, registering a decrease of US$ 14.2 million.Pakistan’s foreign reserves down by $125 million to $13.34 billion

Earlier by the week ended on July 27, the Country’s total liquid foreign reserves were US$ 13.46 billion including US$ 8.15 billion with the State Bank of Pakistan and US$ 5.30 billion held by the Commercial Banks.

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Mati
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