Pakistan’s foreign reserves surge to $13.22 billion

BusinessPakistan’s foreign reserves surge to $13.22 billion
  • Total reserves: $13.2 billion, up by $365 million
  • SBP reserves: $8.2 billion, up $464 million
  • Commercial Banks reserves: $5.0 billion, down by $99 million

KARACHI, Pakistan: The Country’s total liquid foreign reserves have surged to US$ 13.22 billion, representing the highest level since August 18, 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 29, 2023 were US$ 13,220.6 million.

   

Likewise, the Central Bank’s foreign reserves also reached US$ 8.2 billion, marking the highest level since July 14, 2023.

The reserves held by the Central Bank stood at US$ 8,221.2 million in the week ended on December 29 whereas previously they were US$ 7,757.18 million.

Whereas the Commercial Banks had foreign reserves of US$ 4,999.4 million as of December 29, registering a decrease of US$ 99.2 million.Pakistan’s foreign reserves surge to $13.22 billion

Mati
Mati
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

Gold Price in Pakistan Today – 20 May 2024

0
On Monday (May 20, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 241,650.000.It's important to note that gold...

Pakistani leadership deeply concerned as Iranian President Ebrahim Raisi’s helicopter crashed

0
ISLAMABAD, Pakistan: President Asif Ali Zardari and Prime Minister Shahbaz Sharif have voiced deep concerns about the wellbeing of the Iranian President Dr. Seyyed...
just for an example this fake ID is using information of Pakistan Army in contact information of Facebook page but no action has ever been taken against such accounts

PTI launches innovative Fake News campaign through Facebook for catering European Market

0
By Shazia Anwer CheemaThe blockade of X formally known as Twitter in Pakistan is still in the news and in April 2024, social media...

Fixing a baseless Tyrian case for rehearing after a year deplorable: PTI

0
PTI Spokesperson calls formation of fresh bench to proceed with Tyrian case unlawful, unacceptableISLAMABAD, Pakistan: Pakistan Tehreek-e-Insaf (PTI) Spokesperson expressed grave concerns...

IT exports surges to stunning $310 million in April 2024

0
ISLAMABAD, Pakistan: The ICT services export remittances surged to US$ 310 million in the month of April 2024, an astounding increase of 62.3% in...
Advertisement