Pakistan's total liquid foreign reserves drop to $13.03bn

Pakistan's total liquid foreign reserves drop to $13.03bn

Business

SBP’s reserves decreased by $21m to $7,615.4m during the week ended on September 28

KARACHI (APP) - The total liquid foreign reserves of Pakistan dropped to $13,030.8 million while reserves held by the central bank stood at $7,615.4 million.

The State Bank of Pakistan, in a statement on Thursday, informed that SBP’s reserves decreased by $21 million to $7,615.4 million during the week ended on September 28, 2023.

Meanwhile, net foreign reserves held by commercial banks stood at $5,415.4 million, it added.

Total liquid foreign reserves held by the country, in the previous week ending on September 22, 2023, were $13.162 billion.

Among them, foreign reserves held by the central bank were $7.636 billion while net foreign reserves held by commercial banks were $5.525 billion.