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Wednesday, November 27, 2024

Home Business Pakistan’s liquid foreign reserves rise by $22 million

Pakistan’s liquid foreign reserves rise by $22 million

by Staff Report
May 23, 2024
in Business, Pakistan

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KARACHI – Pakistan’s liquid foreign reserves stood at $14,585.4 million as of May 17, 2024.

As per the data released by the State Bank of Pakistan on Thursday, foreign reserves held by the central bank stood at $9,157 million. Net foreign reserves held by the commercial banks stood at $5,428.4 million.

During the week ending on May 17, 2024, SBP’s reserves increased by $22 million to $9,157 million.