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Friday, November 15, 2024

Home Business Pakistan’s foreign reserves fall by $74 million

Pakistan’s foreign reserves fall by $74 million

by Staff Report
April 25, 2024
in Business, Pakistan

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KARACHI – Pakistan’s liquid foreign reserves reached $13,280.5 million as of April 19, 2024.

As per the data released by the State Bank of Pakistan (SBP) on Thursday, foreign reserves held by the central bank stood at $7,981.2 million. Net foreign reserves held by commercial banks stood at $5,299.3 million.

During the week ending on April 19, 2024, SBP’s reserves decreased by $74 million to $7,981.2 million due to external debt repayments.