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.

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