Pakistan’s foreign reserves rise to $14.4 billion

BusinessPakistan’s foreign reserves rise to $14.4 billion
  • Total reserves: $14.39 billion, up $56.3 million
  • SBP reserves: $9.10 billion, up $75 million
  • Commercial Banks reserves: $5.29 billion, down by $18.7 million

KARACHI, Pakistan: The Country’s total foreign reserves witnessed an increase of US$ 56.3 million and thus rose to almost US$ 14.4 billion by July 26, 2024.

According to the latest statistics released by the State Bank of Pakistan (SBP), that the total liquid foreign reserves held by the Country as of July 26, 2024 were US$ 14,391.7 million.

The statistics showed that the Central Bank’s own reserves also jumped by US$ 75 million to reach US$ 9.10 billion.

The reserves held by the SBP stood at US$ 9,102.2 million in the week ended on July 26 whereas previously they were US$ 9,027.2 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,289.5 million, showing a decrease of US$ 18.7 million.Pakistan’s foreign reserves rise to $14.4 billion

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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