- Total reserves: $13 billion, down by $1 million
- SBP reserves: $7.6 billion, up by $31 million
- Commercial Banks reserves: $5.4 billion, down by $32 million
KARACHI, Pakistan: The Country’s total liquid foreign reserves stood at US$ 13 billion as of October 06, 2023, decreasing by US$ 0.7 million in a week.
The data shared by the State Bank of Pakistan on Thursday showed that the total liquid foreign reserves held by the Country stood at US$ 13,030.1 million.
Liquid Foreign Exchange Reserves: 06-Oct-2023
Total reserves: $ 13.0bn, down by $ 1mn
SBP reserves: $ 7.6bn, up by $ 31mn
Banks reserves: $ 5.4bn, down by 32mn
Import cover: 1.65 months
@StateBank_Pak #SBP #FXReserves #Pakistan #Economy #AHL pic.twitter.com/wzq47fK27X— Arif Habib Limited (@ArifHabibLtd) October 12, 2023
The Central Bank’s foreign reserves raised to US$ 7.6 billion in the week ended on October 06, showing an increase by US$ 31.1 million.
The reserves held by the Central Bank stood at US$ 7,646.7 million by Friday last whereas previously they were US$ 7,615.4 million.
Whereas the Commercial Banks had foreign reserves of US$ 5,383.4 million as of October 06, registering a decrease of US$ 32 million.
