Pakistan’s foreign reserves down by $233.2 million

BusinessPakistan’s foreign reserves down by $233.2 million
  • Total reserves: $12.3 billion, down by $2 million
  • SBP reserves: $7.2 billion, down by $7 million
  • Commercial Banks reserves: $5.1 billion, down by $5 million

KARACHI, Pakistan: The Country’s total liquid foreign reserves fell by US$ 233.2 million to stand at US$ 12.3 billion by November 17, 2023.

The latest data shared by the State Bank of Pakistan showed that the total liquid foreign reserves held by the Country as of November 17, 2023 were US$ 12,302.3 million.

Likewise, the Central Bank’s foreign reserves also fell to US$ 7.2 billion in the week ended on November 17, showing a decrease of US$ 216.7 million.

The reserves held by the Central Bank stood at US$ 7,180.0 million by Thursday last whereas previously they were US$ 7,396.7 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,122.3 million as of November 17, registering a decrease of US$ 16.5 million.Pakistan’s foreign reserves down by $233.2 million

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

Banks asked to provide 40% loans to SMEs to promote small businesses: PM

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif has said that he has asked the banks to provide at least 40 percent of loans to the...

Monsoon rains expected in KP and Punjab in next 24 to 72 hours

0
NDMA issues alert to relevant departmentsISLAMABAD, Pakistan: The National Disaster Management Authority’s (NDMA) National Emergency Operations Center (NEOC) has anticipated more rain wind/thunderstorms...

Interbank Dollar Rate Today in Pakistan – 21 August 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for August 21,...

Pakistan, Germany reaffirm commitment to deepening bilateral cooperation in trade, investment

0
ISLAMABAD, Pakistan: Germany's Federal Minister for Economic Cooperation & Development Svenja Schulze met with the Federal Minister for Commerce Jam Kamal Khan in Islamabad...

How to apply for Punjab’s Apni Chat Apna Ghar program

0
The Punjab Chief Minister Maryam Nawaz Sharif has officially launched the "Apni Chat Apna Ghar" program, aimed at providing affordable housing to the people...
Advertisement