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Friday, November 22, 2024

Home Business State Bank of Pakistan’s liquid foreign reserves rise by $16 million

State Bank of Pakistan’s liquid foreign reserves rise by $16 million

by Staff Report
June 6, 2024
in Business, Pakistan

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KARACHI – Pakistan’s liquid foreign reserves reached $14,215.6 million as of May 31, 2024.

As per the data released by the State Bank of Pakistan (SBP) on Thursday, foreign reserves held by the central bank stood at $9,109.5 million. Net foreign reserves held by the commercial banks stood at $ 5,106.1 million as of May 31, 2024.

During the week ended on May 31, 2024, SBP’s reserves increased by $16 million to $9,109.5 million.