State Bank of Pakistan’s liquid foreign reserves fall by $228 million

KARACHI – Pakistan’s liquid foreign reserves stood at $16,371.5 million as of December 20, 2024.

As per the data released by the State Bank of Pakistan (SBP) on Thursday, liquid foreign reserves held by the central bank stood at $11,853.5 million.

Net foreign reserves held by the commercial banks stood at $4,518 million as of December 20, 2024.

During the week ended on December 20, 2024, SBP’s foreign reserves decreased by $228 million to $ 11,853.5 million due to external debt repayments.

Since June 28, 2024, SBP’s foreign reserves were increasing every week. During the week ended on December 13, 2024, SBP’s reserves increased by $31 million to $12,081.5 million.

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