Pakistan’s foreign reserves fall by $25 million

BusinessPakistan’s foreign reserves fall by $25 million
  • 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.

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.Pakistan’s foreign reserves fall by $25 million

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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