Karachi October 18 2024: The SBP reserves are at a 30-month high since the March 2022 when the central bank possessed liquid foreign reserves of USD 11,425.1 billion.
The total liquid foreign reserves of the country are also at 29-month high since April 2022 when volume of the total liquid reserves was accounted as USD 16,406 million.
The State Bank of Pakistan, in a statement issued here on Thursday, informed that total liquid foreign reserves held by the central bank increased by USD 215 million to USD 11,022.7 million during the week ended on October 11, 2024.
Meanwhile, net foreign reserves held by commercial banks were recorded as USD 5,088.6 million during the week under review, it added.
Total liquid foreign reserves held by the country, in the previous week ended on October 04, 2024, were USD 16,047 million.
Among them foreign reserves held by the central bank were recorded as USD 10,808 million while USD 5,239 million were held by commercial banks.
