Pakistan’s foreign reserves rise by $787 million

BusinessPakistan’s foreign reserves rise by $787 million
  • Total reserves: $12.8 billion, up by $787 million
  • SBP reserves: $7.7 billion, up $852 million
  • Commercial Banks reserves: $5.1 billion, down by $65 million

KARACHI, Pakistan: The Country’s total liquid foreign reserves jumped to US$ 12.86 billion with an increase of US$ 787 million by December 22, 2023.

The latest data shared by the State Bank of Pakistan showed that the total liquid foreign reserves held by the Country as of December 22, 2023 were US$ 12,855.7 million.


Likewise, the Central Bank’s foreign reserves also rose by US$ 852 million and stood at US$ 7.7 billion in the week ended on December 22.

The reserves held by the Central Bank stood at US$ 7,757.1 million by Thursday last whereas previously they were US$ 6,904.8 million.

Whereas the Commercial Banks had foreign reserves of US5,098.6 million as of December 22, registering a decrease of US$ 65 million.Pakistan’s foreign reserves rise by $787 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

Minorities’ delegation discusses Minorities Rights Bill with Law Minister

ISLAMABAD, Pakistan: A delegation of representatives of the minorities community held a meeting with the Federal Minister for Law and Justice Senator Azam Nazeer...

Imran Khan strongly condemns cowardly attack on Raoof Hasan, vows PTI won’t be deterred...

Says entire nation knows orchestrators of these attacks on PTI’s leadershipISLAMABAD, Pakistan: The Pakistan Tehreek-e-Insaf (PTI) Founding Chairman Imran Khan on Tuesday strongly...

NCHR launches report on irregular migration from Pakistan

ISLAMABAD, Pakistan: The National Commission for Human Rights (NCHR) has called for addressing root causes of migration through sector-specific programs and local development initiatives. ...

PTI Central Information Secretary Raoof Hasan attacked in Islamabad

ISLAMABAD, Pakistan: Unknown men attacked the Pakistan Tehreek-e-Insaf (PTI) Central Information Secretary Raoof Hasan with a blade in Islamabad on Tuesday, leaving him injured.The...

Interbank Dollar Rate Today in Pakistan – 21 May 2024

Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for May 21,...