Categories: Business

Total foreign reserves reach at $13.33 billion

F.P. Report

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 13,339.1 million while reserves held by the central bank reached $ 8,043.4 million. The State Bank of Pakistan, in a statement issued here on Thursday, informed that SBP’s reserves decreased by $ 110 million to $ 8,043.4 million on account of debt repayments during the week ended on August 04, 2023.

Meanwhile, net foreign reserves held by commercial banks stood at US$ 5,295.7 million, it added. In the previous week ending on July 27, 2023, total liquid foreign reserves held by the country was US$ 13,463.7 million. Among them, foreign reserves held by the central bank were US$ 8,153.8 million while net foreign reserves held by commercial banks were US$ 5,309.9 million. (APP)

The Frontier Post

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