Pakistan’s foreign reserves fall by $368 million to $14.3 billion

BusinessPakistan’s foreign reserves fall by $368 million to $14.3 billion
  • Total reserves: $14.33 billion, down $368.1 million
  • SBP reserves: $9.02 billion, down $396.5 million
  • Commercial Banks reserves: $5.31 billion, up by $28.4 million

KARACHI, Pakistan: The Country’s total foreign reserves fell by US$ 368.1 million to stand at US$ 14.33 billion as of July 19, 2024.

The latest statistics released by the State Bank of Pakistan (SBP) showed that the total liquid foreign reserves held by the Country as of July 19, 2024 were US$ 14,335.4 million.

The statistics showed that the Central Bank’s own reserves also witnessed a decrease of US$ 396.5 million to be recorded at US$ 9.02 billion.

The reserves held by the SBP stood at US$ 9,027.2 million in the week ended on July 19 whereas previously they were US$ 9,423.7 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,308.2 million, showing an increase of US$ 28.4 million.Pakistan’s foreign reserves fall by $368 million to $14.3 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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