Pakistan’s foreign reserves fall by $25 million

BusinessPakistan’s foreign reserves fall by $25 million
  • Total reserves: $13.2 billion, down by $25 million
  • SBP reserves: $7.6 billion, down by $59 million
  • Commercial Banks reserves: $5.5 billion, up by $34 million

KARACHI, Pakistan: The Country’s total liquid foreign reserves stood at US$ 13.2 billion as of September 22, 2023, decreasing by US$ 25 million in a week.

The data shared by the State Bank of Pakistan on Thursday showed that the total liquid foreign reserves held by the Country stood at US$ 13,161.8 million.

The Central Bank’s foreign reserves also fell to US$ 7.6 billion in the week ended on September 22, down by US$ 59 million.

The reserves held by the Central Bank stood at US$ 7,636.7 million by Friday last whereas previously they were US$ 7,695.3 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,525.1 million as of September 22, registering an increase of US$ 34 million.Pakistan’s foreign reserves fall by $25 million

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.

Must read

Recent News

President Zardari for collaborative efforts to ensure sustainable development

ISLAMABAD, Pakistan: President Asif Ali Zardari has called for collaborative efforts by the Eastern nations to ensure sustainable development and common prosperity through China’s...

Civil Society Organizations oppose a dummy Minorities’ Rights Commission

ISLAMABAD Pakistan: Observing fault lines in the bill moved as private member bill in the National Assembly on July 09, 2024, the participants of...

Imran Khan, Bushra Bibi acquitted in Iddat Case

ISLAMABAD, Pakistan: The former Prime Minister Imran Khan and his wife Bushra Bibi have been acquitted in the Iddat Case.The Additional District and Sessions...

IMF, Pakistan reach Staff-Level Agreement on 37-month EFF

The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on a 37-month Extended Fund Facility Arrangement (EFF) of about US$ 7...

USD to PKR: USD Dollar Rate in Pakistan Today – 13 July 2024

The US Dollar (USD) was being bought and sold at Rs 279.00 and Rs 281.50 in the Open Market against the Pakistani Rupee (PKR)...