SBP reserves surge 138m to stand at 8.6bn

Pakistan’s total liquid foreign reserves stood at $15.898 billion on September 13, a press release issued by the State Bank of Pakistan on Thursday said.

The central bank’s reserves witnessed an increase of $138 million to reach $8.6 billion during the week ending September 13.

According to a breakup of the foreign reserves position, foreign reserves held by the State Bank of Pakistan stood at $8.6 billion, while net foreign reserves held by commercial banks were recorded at $7.3 billion.

The central bank also reported that the dollar shed 2 paisas in interbank trade and was traded at Rs156.23 as compared to the last closing at Rs156.25.

Must Read

Pakistan Railways posts record Rs. 93 billion revenue in FY2024–25

Karachi leads both passenger and freight earnings as ministry hails historic performance; income surpasses previous year’s Rs. 88 billion