Karachi September 19 2024: The total liquid foreign reserves of Pakistan increased to USD 14,826.5 million in the week ended on September 13, 2024 while the reserves held by central bank were recorded as USD 9,509.6 million.
This is the highest level of central bank reserves since 7th July 2022 when SBP reserves were USD 9,717.5 million.
The SBP reserves, according to a statement issued here on Thursday, increased by USD 43 million to USD 9,509.6 million during the week under review. Meanwhile, net foreign reserves held by commercial banks were recorded as USD 5,316.9 million, it added.
This marks the eighth consecutive weekly rise in central bank reserves, bringing the total increase to USD 482 million during this period.
Total liquid foreign reserves held by the country, in the previous week ended on September 6, 2024, were USD 14,796.1 million.
Among them foreign reserves held by the central bank were USD 9,466.6 million while USD 5,329.5 million were held by commercial banks.
