Pakistan’s foreign reserves down by $125 million to $13.34 billion

BusinessPakistan’s foreign reserves down by $125 million to $13.34 billion
  • Total reserves: $13.3 billion, down by $125 million
  • SBP reserves:  $8.0 billion, down by $110 million
  • Banks reserves: $5.3 billion, down by $14 million

KARACHI, Pakistan: Pakistan’s foreign reserves further decreased by US$ 124.6 million to stand at US$ 13.34 billion in the week ended on August 04, 2023.

Sharing the data on Friday, the State Bank of Pakistan (SBP) said that the total liquid foreign reserves held by the Country stood at US$ 13.34 billion as of August 04, 2023.

The data showed that the State Band had foreign reserves of US$ 8.04 billion, down by US$ 110.4 million while US$ 5.29 billion were with the Commercial Banks as of August 04, registering a decrease of US$ 14.2 million.Pakistan’s foreign reserves down by $125 million to $13.34 billion

Earlier by the week ended on July 27, the Country’s total liquid foreign reserves were US$ 13.46 billion including US$ 8.15 billion with the State Bank of Pakistan and US$ 5.30 billion held by the Commercial Banks.

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

PM Shahbaz Sharif attends a reception hosted by US President Joe Biden

0
NEW YORK: Prime Minister Shahbaz Sharif attended a reception hosted by the US President Joe Biden in honor of the heads of government participating...
COP29: G-7 must understand their responsibility while making relevant decisions, says Parvana Valiyeva

COP29: G-7 must understand their responsibility while making relevant decisions, says Parvana Valiyeva

0
Monitoring Desk: “G7 and to a certain extent G20 countries must understand their responsibility (a reference to COP29), make relevant decisions, and reach a...
COP29: G-7 must understand their responsibility while making relevant decisions, says Parvana Valiyeva

Korea keenly interested in fostering greater cooperation with Pakistan: Envoy

0
ISLAMABAD, Pakistan: The Ambassador of the Republic of Korea Park ki Jun has expressed his Country’s keen interest in fostering greater cooperation with Pakistan...

Mari Petroleum’s Chartered MI-8 Helicopter crashes in North Waziristan; 6 killed & 8 injured

0
PESHAWAR, Pakistan: A Chartered MI-8 Helicopter of Mari Petroleum Company crashed in Khyber Pakhtunkhwa’s North Waziristan district on Saturday after taking off near the...

Pakistan Embassy in Beijing Hosts Business and Investment Roundtable

0
BEIJING, China: As part of ongoing efforts to promote investment cooperation between Pakistan and China, the Embassy of Pakistan in Beijing hosted a Business...
Advertisement