KARACHI: Pakistan’s total foreign exchange reserves stood at US$14.34 billion as of 19th July, ARY News reported citing the State Bank of Pakistan.
The central bank in a statement said that Pakistan’s reserves held by the SBP decreased by US$ 397 million to US$ 9.02 billion.
Meanwhile, Pakistan’s net foreign reserves held by commercial banks are 5.3 billion.
“During the week ended on 19-July-2024, SBP reserves decreased by US$ 397 million to US$ 9,027.2 million due to external debt repayment,” the SBP statement read.
Earlier it was reported that Pakistan had US$14.7 billion in total liquid foreign reserves as of July 12, according to the SBP.
Pakistan’s reserves held by the SBP had climbed by US$ 19 million to US$ 9.42 billion during the week ended on July 12, according to a statement from the central bank. Pakistan’s net foreign reserves held by commercial banks were 5.27 billion.
