Total liquid foreign reserves reach near $ 9.76 billion

Total liquid foreign reserves reach near $ 9.76 billion

KARACHI, Apr 06 (APP): The total liquid foreign reserves of Pakistan stood at US$ 9,759.8 million while reserves held by the central bank reached US$4,207.9 million.

The State Bank of Pakistan, in a statement issued here on Thursday, informed that during the week ended on March 31, 2023, SBP’s reserves decreased by US$ 36 million to US$ 4,207.9 million due to debt repayments.

Meanwhile, net foreign reserves held by commercial banks stood at US$ 5,551.9 million, it added.

In the previous week ended on March 24, total liquid foreign reserves held by the country were US$ 9,815.9 million. Among them foreign reserves held by the SBP were US$ 4,244.3 million while net foreign reserves held by commercial banks were US$ 5,571.6 million.

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