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Home BANKING

State Bank of Pakistan’s Liquid Foreign Reserves Rise by $13 Million

Syed Farooq Shah
December 12, 2024
State Bank of Pakistan
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KARACHI – As of December 6, 2024, Pakistan’s liquid foreign reserves reached $16,600.9 million. According to the latest data released by the State Bank of Pakistan (SBP), the central bank’s liquid foreign reserves stood at $12,050.8 million, while commercial banks held $4,550.1 million in net foreign reserves.

During the week ending December 6, 2024, SBP’s reserves saw an increase of $13 million, rising to $12,050.8 million. This follows a significant boost during the previous week (ending November 29, 2024), when SBP’s reserves grew by $620 million, primarily due to an official inflow of $500 million from the Asian Development Bank (ADB).

Syed Farooq Shah

Syed Farooq Shah

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