The total liquid foreign reserves of Pakistan stood at US$13,534.1 million while reserves held by the central bank reached $8,186.1 million.
The State Bank of Pakistan, in a statement issued here on Thursday, informed that SBP’s reserves decreased by US$ 541 million to US$ 8,186.1 million mainly due to external debt repayments during the week ended on July 21, 2023.
Meanwhile, net foreign reserves held by commercial banks stood at US$ 5,348 million, it added.
In the previous week ending on July 14, 2023, total liquid foreign reserves held by the country was US$14,065.3 million.
Among them, foreign reserves held by the central bank were US$8,727.2 million while net foreign reserves held by commercial banks were US$5,338.1 million.
Sam Irfan believes in the power of clear, straightforward writing. His blog posts tackle everyday topics with relatable insights and easy-to-follow advice. With a conversational style, he makes complex subjects feel understandable. He’s dedicated to sharing knowledge and empowering readers to take action. Find his latest posts on trending in social.
