- Total reserves: $14.70 billion, up $58.8 million
- SBP reserves: $9.42 billion, up $18.6 million
- Commercial Banks reserves: $5.27 billion, up by $40.2 million
KARACHI, Pakistan: The Country’s total foreign reserves stood at US$ 14.70 billion as of July 12, 2024, showing an increase of US$ 58.8 million.
The latest statistics released by the State Bank of Pakistan (SBP) showed that the total liquid foreign reserves held by the Country as of July 12, 2024 were US$ 14,703.5 million.
Pakistan’s Liquid Foreign Reserves Position (Jul 12, 2024):
SBP: $9.42bn (+$18.6m or +0.20%)
Commercial banks: $5.28bn (+$40.2m or +0.77%)
Total: $14.7bn (+$58.8m or +0.40%)https://t.co/RwP8UF15dU pic.twitter.com/kjQyoRTD7j
— Mettis Global (@MettisGlobal) July 18, 2024
The statistics showed that the Central Bank’s own reserves witnessed an increase of US$ 18.6 million to stand at US$ 9.42 billion.
The reserves held by the SBP stood at US$ 9,423.7 million in the week ended on July 12 whereas previously they were US$ 9,405.1 million.
Whereas the Commercial Banks had foreign reserves of US$ 5,279.8 million, showing an increase of US$ 40.2 million.
