Karachi September 6 2024: The State Bank of Pakistan (SBP) announced on Thursday that its liquid foreign reserves rose by USD 33 million, reaching USD 9,436.8 million as of the week ending August 30, 2024. This marks the highest level in 26 months.
The total liquid foreign reserves of Pakistan stood USD 14,739.9 million as of August 30, 2024 while the reserves held by the central bank were recorded as USD 9,436.8 million.
Meanwhile, net foreign reserves held by commercial banks were recorded as USD 5,303.1 million during the week under review, it added.
Total liquid foreign reserves held by the country, in the previous week ended on August 23, 2024, were USD 14,776.3 million.
Among them foreign reserves held by the central bank were recorded as USD 9,403.4 million while USD 5,372.9 million were held by commercial banks.
