Pakistan's total forex reserves stand at 16.04bn dollars

Pakistan's total forex reserves stand at 16.04bn dollars

Business

Reserves held by SBP increased by 46mn dollars to 11,418.3mn dollars

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KARACHI (APP) - The total liquid foreign reserves of Pakistan stood at $16,044.1 million while the SBP reserves recorded as $11,418.3 million during the week ended on January 31, 2025.

The State Bank of Pakistan (SBP), in a statement, said liquid foreign exchange reserves held by the central bank “increased by US$ 46 million to US$ 11,418.3 million” as of January 31, 2025.

The breakup of the foreign reserves position shows that commercial banks held net foreign reserves of $4,625.8 million during the period under review.

Total liquid foreign reserves held by the country, in the previous week ended on January 24, 2025, were $16,052.1 million.

Among them foreign reserves held by the central bank were recorded as $11,372.4 million while net reserves of $4,679.7 million were held by commercial banks.