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Friday, November 22, 2024

Home Business Pakistan’s foreign reserves reach $8.864 billion

Pakistan’s foreign reserves reach $8.864 billion

by Web Desk Staff
June 22, 2023
in Business

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LAHORE – Pakistan’s liquid foreign reserves stood at US$ 8,863.8 million as of June 16, 2023.

During the week ended on June 16, State Bank of Pakistan reserves decreased by US$ 482 million to US$ 3,536.9 million due to external debt repayment.

During the current week, SBP has received US$ 300 million proceeds of GoP commercial loan. These inflows shall be incorporated in the reserves position to be published as of Jun 23, 2023.