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Eight Pakistanis receive Diana Award for community work Oil prices slip as Trump says military action against Iran not needed Trump questions poll accuracy after Democrats secure Congress US consortium proposes $4.4 billion LNG project in Pakistan Eight Pakistanis receive Diana Award for community work Oil prices slip as Trump says military action against Iran not needed Trump questions poll accuracy after Democrats secure Congress US consortium proposes $4.4 billion LNG project in Pakistan

Pakistan’s total liquid foreign reserves surge over $14.62bn

Pakistan’s total liquid foreign reserves surge over $14.62bn

KARACHI: The total liquid foreign reserves of Pakistan increased to US$ 14,626.4 million while foreign reserves held by State Bank of Pakistan stood at $ 9,135.5 million in the week ended on May 10, 2024.

The SBP, in a statement issued here on Thursday, informed that foreign reserves held by the central bank increased by $ 15 million to $ 9,135.5 million during the week under review. Meanwhile, net foreign reserves held by commercial banks were recorded $ 5,490.9 million, it added.

Total liquid foreign reserves held by the country, in the previous week ended on May 03, 2024, were $ 14,458.9 million. Among them foreign reserves held by the central bank were $ 9,120.3 million while net foreign reserves held by commercial banks were $ 5,338.6 million.

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