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Thursday, January 23, 2025

Home Business State Bank of Pakistan’s liquid foreign reserves fall by $276 million

State Bank of Pakistan’s liquid foreign reserves fall by $276 million

by Staff Report
January 23, 2025
in Business, Featured

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KARACHI – Pakistan’s liquid foreign reserves reached $16,189.3 million as of January 17, 2025.

According to the data released by the State Bank of Pakistan (SBP0 on Thursday, liquid foreign reserves held by the central bank stood at $11,448.7 million.

Net foreign reserves held by the commercial banks stood at $4,740.6 million as of January 17, 2025.

During the week ended on January 17, 2025, SBP’s reserves decreased by $276 million to $11,448.7 million due to external debt repayments.