- Total reserves: $12.2 billion, up by $99.3 million
- SBP reserves: $7.0 billion, up $20.6 million
- Commercial Banks reserves: $5.2 billion, up by $78.7 million
KARACHI, Pakistan: The Country’s total liquid foreign reserves rose by US$ 99.3 million to stand at US$ 12.2 billion by December 08, 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 08, 2023 were US$ 12,206.4 million.
Liquid Foreign Exchange Reserves: 08-Dec-2023
Total reserves: $ 12.2bn, up by $ 99mn
SBP reserves: $ 7.0bn, up by $ 21mn
Banks reserves: $ 5.2bn, up by 79mn
Import cover: 1.41 months@StateBank_Pak #SBP #FXReserves #Pakistan #Economy #AHL pic.twitter.com/yrq62XKmuu— Arif Habib Limited (@ArifHabibLtd) December 14, 2023
Likewise, the Central Bank’s foreign reserves remained US$ 7.0 billion in the week ended on December 08 with a slight increase of US$ 20.6 million.
The reserves held by the Central Bank stood at US$ 7,040.8 million by Thursday last whereas previously they were US$ 7,020.2 million.
Whereas the Commercial Banks had foreign reserves of US$ 5,165.6 million as of December 08, registering an increase of US$ 78.7 million.