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February 15, 2024

Pakistan sees slight increase in foreign reserves

Monitoring Report

Monitoring Report

February 15, 2024

Pakistan sees slight increase in foreign reserves

Pakistan's total liquid foreign reserves have marginally risen to US$ 13,149.1 million as of February 9, 2024, according to the State Bank of Pakistan. This represents a modest improvement from the previous week's figure of $13,097.6 million.

The central bank's reserves increased by $13 million, reaching $8,056.5 million, while reserves held by commercial banks also saw growth, standing at $5,092.6 million. This financial update highlights a gradual strengthening of Pakistan's economic standing, with both the central bank and commercial banks contributing to the national reserve's slight uptick.

 

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