Pakistan’s total liquid foreign reserves reach at 12.57bn US dollars

KARACHI: The total liquid foreign reserves of Pakistan stood at US$12,576.6 million while the central bank held the reserves of $7,507.8 million.
The State Bank of Pakistan, in a statement issued here on Thursday, informed that SBP’s reserves increased by US$14 million to US$7,507.8 million during the week ended on October 27, 2023.
Meanwhile, net foreign reserves held by commercial banks stood at $5,068.8 million, it added.
Total liquid foreign reserves held by the country, in the previous week ending on October 20, 2023, were US$12,655.6 million. Among them foreign reserves held by the central bank were $7,494.2 million while net foreign reserves held by commercial banks were $5,161.4 million. – APP