Pakistan’s foreign reserves down to $13 billion

BusinessPakistan’s foreign reserves down to $13 billion
  • Total reserves: $13 billion, down by $1 million
  • SBP reserves: $7.6 billion, up by $31 million
  • Commercial Banks reserves: $5.4 billion, down by $32 million

KARACHI, Pakistan: The Country’s total liquid foreign reserves stood at US$ 13 billion as of October 06, 2023, decreasing by US$ 0.7 million in a week.

The data shared by the State Bank of Pakistan on Thursday showed that the total liquid foreign reserves held by the Country stood at US$ 13,030.1 million.

The Central Bank’s foreign reserves raised to US$ 7.6 billion in the week ended on October 06, showing an increase by US$ 31.1 million.

The reserves held by the Central Bank stood at US$ 7,646.7 million by Friday last whereas previously they were US$ 7,615.4 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,383.4 million as of October 06, registering a decrease of US$ 32 million.Pakistan’s foreign reserves down to $13 billion

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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