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.
Pakistan’s total liquid foreign reserves have marginally
While any increase in foreign reserves is a positive sign, it’s important to see if this modest improvement can be sustained. Pakistan’s economic challenges remain significant.