- Total reserves: $14.38 billion, up $168.2 million
- SBP reserves: $9.10 billion, down $6.2 million
- Commercial Banks reserves: $5.28 billion, up by $174.4 million
KARACHI, Pakistan: The Country’s total liquid foreign reserves grew to US$ 14.38 billion by June 7, 2024 with an increase of US$ 168.2 million according to the latest statistics released by the State Bank of Pakistan (SBP).
The data revealed that the total liquid foreign reserves held by the Country as of June 7, 2024 were US$ 14,383.8 million.
Pakistan’s Liquid Foreign Reserves Position (Jun 07, 2024):
SBP: $9.1bn (-$6.2m or -0.07%)
Commercial banks: $5.28bn (+$174.4m or +3.42%)
Total: $14.38bn (+$168.2m or +1.18%) pic.twitter.com/QlGJuvV6Y4
— Mettis Global (@MettisGlobal) June 13, 2024
The statistics showed that the Central Bank’s own reserves, however, fell by US$ 6.2 million to be recorded at US$ 9.10 billion.
The reserves held by the SBP stood at US$ 9,103.3 million in the week ended on June 7 whereas previously they were US$ 9,109.5 million.
Whereas the Commercial Banks had foreign reserves of US$ 5,280.5 million, showing an increase of US$ 174.4 million.
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