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Home Karachi

Foreign reserves rise to $15.9b: SBP

byCT Report
19/09/2019
in Karachi, Latest News
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KARACHI: The country’s total liquid foreign reserves stood at $15.898 billion on September 13, a press release issued by the State Bank of Pakistan on Thursday said.

The central bank’s reserves witnessed an increase of $138 million to reach $8.6bn during the week ending September 13, the handout added. According to a breakup of the foreign reserves position provided by SBP:

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Foreign reserves held by the State Bank of Pakistan $8.6 billion. Net foreign reserves held by commercial banks — $7.3 billion. Total liquid foreign reserves — $15.9 billion

The central bank also reported that the dollar shed 2 paisas in inter-bank trade and was traded at Rs156.23 as compared to the last closing at Rs156.25.

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