Pakistan’s total foreign reserves reach at $ 9.937 billion

Karachi

KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 9,937.5 million while reserves held by the central bank reached at US$ 4,311.9 million.

The State Bank of Pakistan, in a statement issued here on Thursday, informed that foreign reserves of the central bank decreased by US$ 72 million to US$ 4,311.9 million due to external debt repayment in the week ending on May 12, 2023.

Meanwhile, net foreign reserves held by commercial banks stood at US$ 5,625.6 million, it added.

In the previous week ending on May 5, 2023, total liquid foreign reserves held by the country was US$ 9,990.4 million. Among them, foreign reserves held by the central bank were US$ 4,383.4 million while net foreign reserves held by commercial banks were US$ 5,607 million.