Pakistan’s total liquid foreign reserves reach US$12.2 billion

KARACHI (APP) - The total liquid foreign reserves of Pakistan reached US$12,206.4 million while the reserves held by the central bank stood at US$7,040.8 million.

The State Bank of Pakistan, in a statement issued here on Thursday, informed that SBP’s reserves increased by $21 million to $7,040.8 million during the week ended on December 8, 2023.

Meanwhile, net foreign reserves held by commercial banks also inched up to reach US$5,165.6 million, it added.

Total liquid foreign reserves held by the country, in the previous week ended on December 1, 2023, were US$12.107 billion. Among them, foreign reserves held by the central bank were US$7.02 billion while net foreign reserves held by commercial banks were US$5.087 billion.