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Tuesday, November 5, 2024

Home Business State Bank of Pakistan’s liquid foreign reserves fall by $239 million

State Bank of Pakistan’s liquid foreign reserves fall by $239 million

by Staff Report
June 27, 2024
in Business, Pakistan

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KARACHI – Pakistan’s liquid foreign reserves reached $14,207.3 million as of June 21, 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 $8,895.8 million. Net foreign reserves held by commercial banks stood at $5,311.5 million as of June 21, 2024.

During the week ended on June 21, 2024, SBP’s foreign reserves fall by $239 million to $8,895.8 million due to external debt repayments.