Foreign reserves reach $13.097 billion

Author: APP

The total liquid foreign reserves of Pakistan stood at US$ 13,097.8 million while foreign reserves held by State Bank reached $ 8,012.8 million in the week ended on February 16, 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 $ 44 million to $ 8,012.8 million due to debt repayments during the week under review.

Meanwhile net foreign reserves held by commercial banks stood at $ 5,085 million.

Total liquid foreign reserves held by the country, in the previous week ended on February 9, 2024, were $ 13,149.1 million. Among them foreign reserves held by the central bank were $ 8,056.5 million while net foreign reserves held by commercial banks were $ 5,092.6 million.

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