Pakistan’s Foreign Reserves Stand at $12.07 Billion

Thu Dec 21 2023
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KARACHI: Pakistan’s total liquid foreign reserves reached $12,068.4 million, with the central bank’s reserves standing at $6,904.8 million for the week ending December 15, 2023.

The State Bank of Pakistan reported a decrease of $136 million in SBP’s reserves, attributed to debt repayments during the reviewed week.

Concurrently, commercial banks maintained net foreign reserves of $5,163.6 million.

In the preceding week, ending December 8, 2023, the country’s total liquid foreign reserves were $12,206.4 million, with the central bank holding $7,040.8 million and commercial banks holding net foreign reserves of $5,165.6 million.

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