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Thursday, June 13, 2024  
06 Dhul-Hijjah 1445  

SBP’s foreign reserves stand at $4b after increasing by $533m

Total liquid foreign exchange reserves held by the country stood at $9.34 billion

The State Bank of Pakistan’s foreign exchange reserves stood at $4.069 billion after increasing by $533 million during the week ending June 23, the central bank said.

“The total liquid foreign reserves held by the country stood at $ 9,340.8 million as of 23-Jun-2023,” the SBP said in a statement on Monday.

The break-up of the foreign reserves position is as under:

  • Foreign reserves held by the SBP: $4,069.9 million
  • Net foreign reserves held by commercial banks: $5,270.9 million
  • Total liquid foreign reserves: $9,340.8 million

This was mainly attributed to realisation of $300 million proceeds of government commercial loan, it added.

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