Pakistan’s total liquid foreign reserves reach 13.02 billion dollars

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 13,020 million while foreign reserves held by State Bank reached $ 7,895.7 million in the week ended on March 01, 2024.
The State Bank of Pakistan, in a statement issued here on Thursday, informed that foreign exchange reserves held by the central bank decreased by $ 54 million to US$ 7,895.7 million due to debt repayments during the week under review.
Meanwhile net foreign reserves held by commercial banks stood at $ 5,124.3 million, it added.
Total liquid foreign reserves held by the country, in the previous week ended on February 23, 2024, were $ 13,038.5 million.
Among them foreign reserves held by the central bank were $ 7,949.6 million while net foreign reserves held by commercial banks were $ 5,088.9 million. – APP