Liquid foreign reserves stand at $23.55 bn

Workers’ remittances in July 2022
Workers’ remittances in July 2022

ISLAMABAD, Nov 18 (APP):Pakistan’s total liquid foreign reserves stood at $23.55 billion as of November 12, 2021, according to a data released by State Bank of Pakistan (SBP) on Thursday.

The SBP said that on November 12, the foreign reserves held by the Central Bank amounted to $16.945 billion.
The net foreign reserves holding with commercial banks were $6.605 billion.

During the week ending on November 12, SBP reserves decreased by $381 million to $16.945 billion. The reserves fell mainly due to external debt repayments.

By Najam ul Hassan

Najam ul Hassan is a Sr. Reporter who reports on Prime Minister, President, Foreign Office, and special assignments.

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