- Total reserves: $13.2 billion, down by $25 million
- SBP reserves: $7.6 billion, down by $59 million
- Commercial Banks reserves: $5.5 billion, up by $34 million
KARACHI, Pakistan: The Country’s total liquid foreign reserves stood at US$ 13.2 billion as of September 22, 2023, decreasing by US$ 25 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$ 13,161.8 million.
Commercial Banks reserves reached at USD 5.5bn as at 22-Sep-23, marking an increase of USD 727mn from prior month closing of USD 4.8bn
Liquid Foreign Exchange Reserves: 22-Sep-2023
Total reserves: $ 13.2bn, down by $ 25mn
SBP reserves: $ 7.6bn, down by $ 59mn
Banks reserves: $… pic.twitter.com/9kXMF6USqb
— Arif Habib Limited (@ArifHabibLtd) September 28, 2023
The Central Bank’s foreign reserves also fell to US$ 7.6 billion in the week ended on September 22, down by US$ 59 million.
The reserves held by the Central Bank stood at US$ 7,636.7 million by Friday last whereas previously they were US$ 7,695.3 million.
Whereas the Commercial Banks had foreign reserves of US$ 5,525.1 million as of September 22, registering an increase of US$ 34 million.