- Total reserves: $13.28 billion, down by $93.2 million
- SBP reserves: $7.98 billion, down $73.5 million
- Commercial Banks reserves: $5.29 billion, down by $19.7 million
KARACHI, Pakistan: The total liquid foreign reserves held by the Country fell by US$ 93.2 million by April 19, 2024 to be recorded at US$ 13.28 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 April 19, 2024 were US$ 13,280.5 million.
Pakistan’s Liquid Foreign Reserves Position (Apr 19, 2024):
SBP: $7.98bn (-73.5m or -0.91%)
Commercial banks: $5.3bn (-19.7m or -0.37%)
Total: $13.28bn (-93.2m or -0.70%) pic.twitter.com/FtTNxOIK5S
— Mettis Global (@MettisGlobal) April 25, 2024
The statistics showed that the Central Bank’s own reserves also witnessed a decrease of US$ 73.5 million to fall to US$ 7.98 billion.
The reserves held by the SBP stood at US$ 7,981.2 million in the week ended on April 19 whereas previously they were US$ 8,054.7 million.
Whereas the Commercial Banks had foreign reserves of US$ 5,299.3 million, showing a decrease of US$ 19.7 million.
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