Pakistan’s foreign reserves falls by $51.3 million

BusinessPakistan’s foreign reserves falls by $51.3 million
  • Total reserves: $13.1 billion, down by $51.3 million
  • SBP reserves: $8.0 billion, down $43.7 million
  • Commercial Banks reserves: $5.1 billion, down by $7.6 million

KARACHI, Pakistan: The Country’s total liquid foreign reserves again fell to US$ 13.1 billion as of February 16, 2024 after a decrease of US$ 51.3 million.

The latest data shared by the State Bank of Pakistan (SBP) showed that the total liquid foreign reserves held by the Country as of February 16, 2024 were US$ 13,097.8 million.

The statistics showed that the Central Bank’s foreign reserves also fell to US$ 8.0 billion, registering a decrease of US$ 43.7 million.

The reserves held by the Central Bank stood at US$ 8,012.8 million in the week ended on February 16 whereas previously they were US$ 8,056.5 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,085.0 million, showing a decrease of US$ 6.7 million.Pakistan’s foreign reserves falls by $51.3 million

Mati
Mati
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.

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