Pakistan’s foreign reserves plunge by $93.2 million

BusinessPakistan’s foreign reserves plunge by $93.2 million
  • Total reserves: $13.28 billion, down by $93.2 million
  • SBP reserves: $7.98 billion, down $73.5 million
  • Commercial Banks reserves: $5.29 billion, down by $19.7 million

KARACHI, Pakistan: The total liquid foreign reserves held by the Country fell by US$ 93.2 million by April 19, 2024 to be recorded at US$ 13.28 billion, according to the State Bank of Pakistan (SBP).

The latest data shared by the Central Bank showed that the Country’s total liquid foreign reserves as of April 19, 2024 were US$ 13,280.5 million.

The statistics showed that the Central Bank’s own reserves also witnessed a decrease of US$ 73.5 million to fall to US$ 7.98 billion.

The reserves held by the SBP stood at US$ 7,981.2 million in the week ended on April 19 whereas previously they were US$ 8,054.7 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,299.3 million, showing a decrease of US$ 19.7 million.Pakistan’s foreign reserves plunge by $93.2 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.

Must read

Recent News

As we arrived at our hostel after arranging a session on NON-VIOLENCE, I received a call from @Qamaryousafzai with the news of the violent clash at #QAU. This menace of violence is destroying the country, society, and everything. It needs to be cured.

Violent clashes between Punjabi and Pashtun Student Councils at Quaid-e-Azam University, firing scenes, and...

0
Monitoring Desk: The violent clashes between Punjabi and Pashtun Student Councils at Quaid-e-Azam University were reported last night. Students who are impartial in this...
Input tax adjustment system causing tax fraud worth Rs3,400 billion to Pakistan

Input tax adjustment system causing tax fraud worth Rs3,400 billion to Pakistan

0
Islamabad, Pakistan: Federal Finance Minister Muhammad Aurangzeb has confirmed that the Input tax adjustment system causing tax fraud worth Rs3,400 billion in Pakistan.Addressing a...
Khalid Bin Abdulaziz Al Falih met COAS Gen Asim Munir

Khalid Bin Abdulaziz Al Falih met COAS Gen Asim Munir

0
Islamabad, Pakistan: His Excellency Khalid Bin Abdulaziz Al Falih, Minister of Investment, Kingdom of Saudi Arabia, accompanied by a high-level government cum business delegation,...

Islamabad Traffic Plan for SCO Summit

0
Islamabad, Pakistan: Special traffic plan for Shanghai Cooperation Organization Summit in Islamabad. Alternative routes have been arranged for the convenience of citizens.During the SCO...
New trajectory of Pak-Saudi Relations requires responsible moves from Pakistan

The new trajectory of Pak-Saudi relations requires responsible moves from Pakistan

0
DND ReportA popular Eastern European saying is, “If you have buyers, you will be no more a beggar, even if you are a trash...
Advertisement