Pakistan’s foreign reserves fall by $48.7 million

BusinessPakistan’s foreign reserves fall by $48.7 million
  • Total reserves: $13.37 billion, down by $48.7 million
  • SBP reserves: $8.04 billion, up $18.5 million
  • Commercial Banks reserves: $5.33 billion, down by $67.2 million

KARACHI, Pakistan: The total liquid foreign reserves held by the Country fell by US$ 48.7 million by March 29, 2024 to be recorded at US$ 13.37 billion, according to the State Bank of Pakistan (SBP).

The latest data shared by the Central Bank showed that the Country’s total liquid foreign reserves as of March 29, 2024 were US$ 13,378.9 million.


However, according to the statistics, the Central Bank’s own reserves witnessed an increase of US$ 18.5 million to reach US$ 8.04 billion.

The reserves held by the SBP stood at US$ 8,040.4 million in the week ended on March 29 whereas previously they were US$ 8,021.9 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,338.5 million, showing a decrease of US$ 67.2 million.Pakistan’s foreign reserves fall by $48.7 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.

Must read

Recent News

Mohsin Naqvi announces five initiatives for convenience of Islamabad’s residents

ISLAMABAD, Pakistan: The Federal Minister for Interior Mohsin Naqvi has announced 5 major initiatives for the facilitation of the Citizens of Islamabad.During his visit...

USD to PKR: USD Dollar Rate in Pakistan Today – 28 May 2024

The US Dollar (USD) was being bought and sold at Rs 277.5 and Rs 280.1 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 28 May 2024

On Tuesday (May 28, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 241,800.000.It's important to note that gold...

Nation fervently observes Youm-e-Takbeer

ISLAMABAD, Pakistan: The whole nation is fervently observing Youm-e-Takbeer on Tuesday to mark the 26th Anniversary of Pakistan’s nuclear tests conducted on May 28,...
Collaborators of Fall of Dhaka

Is Pakistan facing another Operation Jackpot?

By Agha Iqrar HaroonThe Fall of Dhaka is a chapter of Pakistan’s history that still haunts the nation because it lost half of...