fbpx

State Bank of Pakistan reserves drop to below $3 billion

BusinessState Bank of Pakistan reserves drop to below $3 billion

KARACHI, Pakistan: The total liquid foreign reserves held by the Country stood at US$ 8.54 billion as of February 03, 2023, according to the State Bank of Pakistan (SBP).

As per the SBP, the reserves held by the Central Bank stood at US$ 2,917.0 while the Commercial Banks hold US$ 8,539.6.

The data showed that the Central Bank’s reserves dropped by US$ 170 million from January 27 to reach US$ 2,917.0 as of December 9.

Likewise, the reserves with the Commercial Banks declined by US$ 33 million to US$ 5,622.9 from US$ 5,655.5 held last week.

State Bank of Pakistan reserves drop to below $3 billion



Meanwhile, the Pakistani Rupee (PKR) on Thursday appreciated by 1.04 percent to stand at Rs 270.51 against the US dollar.

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

Highlights of Pakistan Economic Survey 2022-23

0
ISLAMABAD, Pakistan: The Federal Minister for Finance and Revenue Senator Ishaq Dar on Thursday presented the Pakistan Economic Survey 2022-23, a comprehensive analysis of...
UAE 4 Day Work Week - All you need to know

UAE 4 Day Work Week – All you need to know

0
ABU DHABI, UAE: The United Arab Emirates (UAE) government has denied a news report circulating on social media platforms regarding the change of working...

Sadiq Sanjrani terms his visit to Russia a historic one

0
ISLAMABAD, Pakistan: During his four-day visit to Russia, the Chairman Senate Muhammad Sadiq Sanjrani held meetings with Russian Parliamentarians and Government officials to strengthen...

PM Shahbaz Sharif witnesses Signing Ceremony of TAPI’s Pipeline Joint Implementation Plan

0
Says TAPI to further strengthen energy security of Pakistan and regionISLAMABAD, Pakistan: A high-ranking Turkmenistan delegation headed by the State Minister and Head...
Honda Cd 70 review

Honda CD 70 and Honda 125 bike prices may increase – Budget 2023

0
With the Federal Budget 2023-24 around the corner, it is expected that prices of Honda CD 70 and Honda 125 motorcycles may rise as...
Advertisement