Pakistan’s foreign reserves fall by $286 million

BusinessPakistan’s foreign reserves fall by $286 million
  • Total reserves: $12.1 billion, down by $286 million
  • SBP reserves: $7.0 billion, down $237 million
  • Commercial Banks reserves: $5.1 billion, down by $49 million

KARACHI, Pakistan: The Country’s total liquid foreign reserves fell by US$ 286 million to stand at US$ 12.1 billion by December 01, 2023.

The latest data shared by the State Bank of Pakistan showed that the total liquid foreign reserves held by the Country as of December 01, 2023 were US$ 12,107.1 million.

   

Likewise, the Central Bank’s foreign reserves were down to US$ 7.0 billion in the week ended on December 01 with a decrease of US$ 237 million.

The reserves held by the Central Bank stood at US$ 7,020.2 million by Thursday last whereas previously they were US$ 7,257.0 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,086.9 million as of December 01, registering a decrease of US$ 49 million.Pakistan’s foreign reserves fall by $286 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.

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