Pakistan’s foreign reserves further decline by $59.3 million

BusinessPakistan’s foreign reserves further decline by $59.3 million
  • Total reserves: $13.0 billion, down by $59.3 million
  • SBP reserves: $7.9 billion, down $63.2 million
  • Commercial Banks reserves: $5.1 billion, up by $4 million

KARACHI, Pakistan: The Country’s total liquid foreign reserves further decline by US$ 59.3 million to stand at US$ 13.0 billion as of February 23, 2024.

The latest data shared by the State Bank of Pakistan (SBP) showed that the total liquid foreign reserves held by the Country as of February 23, 2024 were US$ 13,038.5 million.

   

The statistics showed that the Central Bank’s foreign reserves also fell to US$ 7.9 billion, registering a decrease of US$ 63.2 million.

The reserves held by the Central Bank stood at US$ 7,949.6 million in the week ended on February 23 whereas previously they were US$ 8,012.8 million.

Whereas the Commercial Banks had foreign reserves of US$ 5,088.9 million, showing an increase of US$ 4 million.Pakistan’s foreign reserves further decline by $59.3 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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