Pakistan's total liquid foreign reserves stand at 16.05 billion dollars

Pakistan's total liquid foreign reserves stand at 16.05 billion dollars

Business

The central bank decreased by US$ 76 million to US$ 11,372.4 million

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KARACHI (APP) - The total liquid foreign reserves of Pakistan stood at US$ 16,052.1 million while the State Bank of Pakistan (SBP) reserves recorded as $ 11,372.4 million as of 24 January 2025.

An official statement said liquid foreign exchange reserves held by the central bank “decreased by US$ 76 million to US$ 11,372.4 million due to external debt repayments” during the week ended on January 24, 2025.

Meanwhile, the break up of the foreign reserves position shows that, commercial banks held net foreign reserves of $ 4,679.7 million during the period under review.

Total liquid foreign reserves held by the country, in the previous week ended on January 17, 2024, were $ 16,189.3 million.

Among them foreign reserves held by the central bank were recorded as $ 11,448.7 million while net reserves of $ 4,740.6 million were held by commercial banks.