SBP-held reserves increase by $18 million to reach $11.17 billion

Total liquid foreign reserves stand at $15.931 billion as of November 1, 2024 

Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $18 million to $11.174 billion during the week ending November 01,  2024. 

According to the latest data released by the central bank, the country’s total liquid foreign reserves stood at $15.931 billion as of November 1, 2024. 

The breakdown of the foreign reserves position shows that foreign reserves held by the SBP stood at $11.174 billion, while net foreign reserves held by commercial banks recorded $4.757 billion for the period under review. 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

Trump’s tariff authority challenged in court by conservative legal group

The lawsuit argues that Trump lacked the legal basis to impose the tariffs under the International Emergency Economic Powers Act