[:en]OUR CORRESPONDENT
LAHORE: Pakistan’s total liquid foreign reserves stood at $14.83 billion as of September 13, 2024, according to data issued by the State Bank of Pakistan (SBP).
The breakdown of the reserves showed that the SBP hold $9.51 billion, while commercial banks hold $5.32 billion in net foreign reserve.
During the week ending on September 13, 2024, the SBP’s reserves saw a modest increase of $43 million, bringing the central bank’s total reserves to 9.51 billion.
The slight uptick in reserves provides a small cushion for the country’s external financial obligations, through Pakistan continue to face its reserves due to imports and debts payments.[:]
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