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

Pakistan’s IT exports could exceed $25b through better utilization of resources:...

ISLAMABAD: Prime Minister Shehbaz Sharif has said that Pakistan's IT exports could exceed twenty-five billion dollars through better utilization of resources and provision of training...