Foreign reserves stand at $14,513.6 million

KARACHI – The total liquid foreign reserves of the country stood at $14,513.6 million on July 11, said the State Bank of Pakistan on Thursday.

According to a press release, the foreign reserves held by the State Bank are $ 9,485.8 million, while the net foreign reserves held by banks are $5,027.8 million. During the week ending July 11, bank’s Liquid Foreign Reserves decreased by $116 million to $9,486 million compared to $9,602 million in the previous week.

During the same week, the State Bank made payments of $31 million on account of external debt servicing and other official payments. During the same period, the State Bank received $22 million from multinational and bilateral sources.

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Aaj Kal