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Tuesday, November 5, 2024

Home Business Pakistan’s foreign reserves increase by $464m

Pakistan’s foreign reserves increase by $464m

by Staff Report
January 4, 2024
in Business, Pakistan

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KARACHI – Pakistan’s liquid foreign reserves stood at $13,220.6 million as of December 29, 2023.
As per the data released by State Bank of Pakistan on Thursday, foreign reserves held by the central bank stood at $8,221.2 million.
Net foreign reserves held by commercial banks stood at $4,999.4 million.
During the week ended on December 29, 2023, SBP’s reserves increased by $464 million to $8,221.2 million mainly due to official GoP inflows.