- Total reserves: $13.0 billion, down by $18.5 million
- SBP reserves: $7.9 billion, down $53.9 million
- Commercial Banks reserves: $5.1 billion, up by $35.4 million
KARACHI, Pakistan: The total liquid foreign reserves held by the Country stood at US$ 13.02 billion as of March 01, 2024, showing a further decline by US$ 19 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 March 01, 2024 were US$ 13,020.0 million.
Total liquid foreign #reserves held by the country stood at US$ 13.02 billion as of March 01, 2024. For details https://t.co/WpSgomnd3v#SBPReserves pic.twitter.com/qGluiSny16
— SBP (@StateBank_Pak) March 7, 2024
The statistics showed that the Central Bank’s foreign reserves also fell to US$ 7.9 billion, registering a decrease of US$ 53.9 million.
The reserves held by the Central Bank stood at US$ 7,895.7 million in the week ended on March 01 whereas previously they were US$ 7,949.6 million.
Whereas the Commercial Banks had foreign reserves of US$ 5,124.3 million, showing an increase of US$ 35.4 million.
