- Total reserves: $13.2 billion, up by $107 million
- SBP reserves: $7.7 billion, up by $56 million
- Commercial Banks reserves: $5.5 billion, up by $51 million
KARACHI, Pakistan: The Country’s total liquid foreign reserves stood at US$ 13.2 billion as of September 15, 2023, increasing by US$ 107.5 million in a week.
The data shared by the State Bank of Pakistan on Thursday showed that the total liquid foreign reserves held by the Country stood at US$ 13,186.6 million.
Liquid Foreign Exchange Reserves: 15-Sep-2023
Total reserves: $ 13.2bn, up by $ 108mn
SBP reserves: $ 7.7bn, up by $ 56mn
Banks reserves: $ 5.5bn, up by $ 51mn
Import cover: 1.66 months
@StateBank_Pak #SBP #FXReserves #Pakistan #Economy #AHL pic.twitter.com/ku0X8YaN4c
— Arif Habib Limited (@ArifHabibLtd) September 21, 2023
The Central Bank’s foreign reserves also rose to US$ 7.7 billion in the week ended on September 15, up by US$ 65.4 million as they were US$ 7.6 billion by the end of previous week.
The reserves held by the Central Bank stood at US$ 7,695.3million by Friday last whereas previously they were US$ 7,638.9 million.
Whereas the Commercial Banks had foreign reserves of US$ 5,491.3million as of September 15, registering an increase of US$ 51.1 million.