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Pakistan’s liquid foreign reserves increased to $14.57bn

Pakistan’s liquid foreign reserves increased to $14.57bn

KARACHI: The total liquid foreign reserves of Pakistan increased to US$ 14,573 million while the foreign reserves held by the central bank were recorded as $9,389.5 million as of June 28, 2024.

“The SBP reserves increased by US$ 494 million to US$ 9,389.5 million due to official inflows from multilateral agencies,” a statement issued here on Thursday by the central bank informed and added that net foreign reserves held by commercial banks were recorded as $ 5,183.5 million, during the week ended on June 28, 2024.

Total liquid foreign reserves held by the country, in the previous week ended on June 21, 2024, were $ 14,207.3 million.

Among them foreign reserves held by the central bank were $ 8,895.8 million while $ 5,311.5 million were held by commercial banks.

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