State Bank’s reserves reach $9.46 billion, highest since July 2022

BusinessState Bank’s reserves reach $9.46 billion, highest since July 2022
  • Total reserves: $14.79 billion, up $56.2 million
  • SBP reserves: $9.46 billion, up $29.8 million
  • Commercial Banks reserves: $5.32 billion, up by $26.4 million

KARACHI, Pakistan: The foreign exchange reserves of the State Bank of Pakistan (SBP) has reached US$ 9.46 billion, the highest figures since July 2022.

Showing the figures recorded on September 6, 2024, the Central Bank told that it’s own reserves surged by US$ 56.2 million to stand at US$ 9,466.6 million by the date.

Previously, the foreign exchange reserves held by the SBP were US$ 9,436.8.

The statistics showed that the Country’s total liquid foreign reserves have appreciated by US$ 56.2 million to reach US$ 14.79 billion.

These reserves were US$ 14,796.1 million in the week ended on September 6 whereas previously they were 14,739.9 million.

While the Commercial Banks had foreign reserves of US$ 5,329.5 million, witnessing an increase of US$ 26.4 million.State Bank’s reserves reach $9.46 billion, highest since July 2022

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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