Karachi August 2 2024: The total liquid foreign reserves of Pakistan increased to USD 14,391.7 million as of July 26, 2024 while the reserves held by the central bank were recorded as USD 9,102.2 million.
The expected financial inflows, including planned official flows under the IMF program, would help finance current account deficit and further strengthen the FX buffers, states SBP two days ago.
The State Bank of Pakistan (SBP), in a statement issued here on Thursday, informed that its liquid foreign reserves increased by USD 75 million to reach USD 9,102.2 million during the week ended on July 26, 2024.
Meanwhile, net foreign reserves held by commercial banks were recorded as USD 5,289.5 million during the week under review, it added.
Total liquid foreign reserves held by the country, in the previous week ended on July 19, 2024, were USD 14,335.4 million. Among them foreign reserves held by the central bank were recorded as USD 9,027.2 million while USD 5,308.2 million were held by commercial banks.
